Retail Property For Sale - New Firestone | Adj. Super Target | Avg. HHI $140K

17636 Arbor Plaza, Omaha, NE, 68130

 

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New Firestone | Adj. Super Target | Avg. HHI $140K

17636 Arbor Plaza, Omaha, NE 68130

New Firestone | Adj. Super Target | Avg. HHI $140K
  • $2,432,150
  • 7,575 SF
  • $321.08
  • Retail
  • Free Standing Bldg
  • Vehicle Related
    Retail (Other)
    Retail Pad
  • Net Lease Investment with 10+ years left on lease
  • 8%
  • 100%
  • Single
  • 1.35 AC
  • Find Out More...
Last Verified  11/4/2009 Listing ID  16302817

Description

- 15 Year Lease (New 2007 Construction)
- Adjacent to Super Target, Wal-Mart Supercenter and Lowe's Developments
- Strong Corporate Guarantee (Largest Automotive Service Provider in the World - $2.09B Sales in 2007)
- 6.5% Increases Every 5 Years
- Affluent Area - Avg. HHI of $140K in 1-Mile Radius
- Dominant Retail Corridor of Omaha
- Excellent Demos (Over 67,000 Residents in a 3-Mile Radius)
- Projected Population Growth of over 12% in the Next 5 Years

The Bridgestone/Firestone is located at 17636 Arbor Plaza in Omaha, NE. Built in 2007, Bridgestone/Firestone occupies a 7,575 square foot freestanding building situated on approximately 1.35 acres. The subject property is supported by an extremely affluent area in Omaha, with an average household income of $140,000 in a one-mile radius. There are over 67,000 residents in a three-mile radius and over 158,000 residents in a five-mile radius. Located within one of Omaha's dominant retail corridors, the property is adjacent to a Super Target anchored center and is caddy-corner from a Wal-Mart Supercenter and Lowe's anchored development. The subject property is also less than 1/4 of a mile from Alegent Health Lakeside Hospital, the only full-service hospital for the 150,000 households living in West Omaha.

Bridgestone/Firestone signed a 15-year NN lease that includes fixed 6.5% increases every five years and with four, five-year options. Bridgestone opened 42 automotive service locations across the U.S. in 2008, and plans to continue its store expansion program in 2009.

Financial Summary

  • Actual
  • $194,572

Map of 17636 Arbor Plaza, Omaha, NE 68130 (Douglas County)

Contact Listing Broker to find out more details.

Presented by

Marcus & Millichap

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Contact Listing Broker
Daniel Goaley (402) 343-9720
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Created 7/1/2009

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