4225 Florence BlvdOmaha, NE 68110

For Sale
$3,650,000

59,012 SF Warehouse, Strong Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 59,012-square-foot industrial property, located at 4225 Florence Boulevard in Omaha, Nebraska, presents a compelling sale-leaseback opportunity. The single-story, Class C building, constructed in 1926 and extensively renovated in 2020, sits on a 2.03-acre lot within the Florence business district. Offering convenient highway access, the property boasts 100% occupancy with a 10-year lease in place, ensuring strong and consistent cash flow. The asking price is $3,650,000, translating to $61.85 per square foot, and the property offers a 7.67% cap rate. The property is zoned GI and benefits from a clean environmental report and a recent 2023 survey. Further enhancing its investment appeal, this Omaha location is situated within an Opportunity Zone and qualifies for up to 20 years of Tax Increment Financing, providing significant long-term tax advantages. This sale-leaseback presents a rare opportunity to acquire a well-maintained, income-producing asset with substantial future redevelopment potential. The property is a single-tenant building with a NNN lease.

Highlights

  • 59,012 SF industrial building on a 2.03-acre lot in Omaha, NE.
  • Class C building, built in 1926, extensively renovated in 2020.
  • 100% occupancy with a 10-year NNN lease in place.
  • Asking price: $3,650,000 ($61.85/SF), 7.67% cap rate.
  • Located in the Florence business district with convenient highway access; GI zoning.
  • Opportunity Zone & potential for up to 20 years of Tax Increment Financing.

Property Details for 4225 Florence Blvd

Property type
Other warehouses, Other industrial properties
Square Feet
59,012 SF
Class
C
Year Built/Renovated
1926/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
88,427 SF

Location Insight

City
Omaha
County
Douglas
State
Nebraska
Latitude
41.297974760271
Longitude
-95.942145385729
4225 Florence Blvd, Omaha, Nebraska

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4225 Florence Blvd
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