9550 71 PlzBellevue, NE 68133

For Sale
$4,839,000

High-yield, 2-tenant retail center.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fee-simple interest in a brand-new, 100% occupied, two-tenant retail strip center in Bellevue, Nebraska. Completed in 2024, the property boasts 5,814 square feet across two buildings on a 1.09-acre lot, featuring a Starbucks with a drive-thru and an Aspen Dental. Both tenants are on new, long-term NNN leases with corporate guarantees, providing significant stability and predictable income. The leases include scheduled rent increases every five years, mitigating inflation risks and ensuring consistent NOI growth. The property's strong financial performance is reflected in its 6.50% cap rate and a current NOI of $314,528, with an asking price of $4,839,000 ($832.30/sq ft). The strategic location at 9550 S 71st Plaza benefits from high visibility at a signalized intersection, averaging 58,200 vehicles daily, and proximity to major roadways including State Highway 85. It's ideally situated as an outparcel to Settler's Creek Marketplace, anchored by Sam's Club and ALDI, and surrounded by a dense concentration of retail, including Shoppes at Market Pointe, Tara Plaza, and Brentwood Square. The property also enjoys excellent access to a substantial residential population, with numerous nearby apartment complexes and single-family homes, supporting a strong and affluent consumer base. The 5-mile trade area boasts over 179,000 residents and 91,600 daytime employees, with average household incomes exceeding $100,000. The property includes 43 parking spaces and is zoned MU - Mixed Use. This is a rare opportunity to acquire a high-performing, low-risk retail investment in a thriving market.

Highlights

  • Brand new, 100% occupied, two-tenant retail strip center in Bellevue, NE.
  • Starbucks and Aspen Dental on long-term NNN leases with corporate guarantees and built-in rent increases.
  • High-visibility corner location at a signalized intersection with 58,200 VPD, outparcel to a Sam's Club and ALDI-anchored center.
  • Strong demographics: Over 179,000 residents and 91,600 daytime employees within a 5-mile radius, average household income exceeding $100,000.

Property Details for 9550 71 Plz

Property type
Other retail properties, Restaurants
Square Feet
5,814 SF
Year Built
2024
Buildings
2
Stories
1
Lot Size (sq. ft)
47,480 SF
Units
2

Location Insight

City
Bellevue
County
Sarpy
State
Nebraska
Latitude
41.1638695
Longitude
-96.0230254
9550 71 Plz, Bellevue, Nebraska

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9550 71 Plz
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