7826 123Rd PlzLa Vista, NE 68128

For Sale
$1,900,000

Casey's-anchored retail center, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 8,000 square foot retail shopping center in La Vista, Nebraska, presents a compelling value-add investment opportunity. Located at 7826 S 123rd Plaza, this multi-tenant property boasts a prominent location with direct access to I-80, ensuring high visibility to a substantial daily traffic volume of 110,000 vehicles. The center is situated within a larger 237-acre mixed-use development area, benefiting from a strong employment base exceeding 5,000 employees in the immediate trade area. Currently, the center enjoys 83% occupancy with a diverse tenant mix including Bamboo Nail Spa, Island Bar & Grill, and Asian Massage, anchored by Casey's. The property's strategic location places it directly across from major retail anchors such as Cabela's (128,000 square feet), Costco (154,000 square feet), Embassy Suites, Courtyard by Marriott, and the La Vista Conference Center (80,000 square feet), further enhancing its appeal and potential. Built in 2007, this 0.85-acre lot offers a triple-net (NNN) lease structure. The asking price is $1,900,000, translating to a price per square foot of $237.50 and a pro-forma cap rate of 8.02%. This property offers significant potential for increased revenue and return on investment.

Highlights

  • $1,900,000 asking price for this 8,000 square foot retail shopping center in La Vista, Nebraska.
  • 8.02% pro-forma cap rate with a price per square foot of $237.50.
  • Multi-tenant property (3 tenants) with 83% occupancy.
  • Located at 7826 S 123rd Plaza, La Vista, NE 68128, on a 0.85-acre lot.
  • Built in 2007, this NNN-leased property features a Casey's anchored retail center with high visibility and I-80 access.

Property Details for 7826 123Rd Plz

Property type
Lifestyle centers, Power centers
Square Feet
8,000 SF
Year Built
2007
Lot Size (sq. ft)
37,026 SF

Location Insight

City
La Vista
County
Sarpy
State
Nebraska
Latitude
41.182132209048
Longitude
-96.105966592695
7826 123Rd Plz, La Vista, Nebraska

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7826 123Rd Plz
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