Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Alliance Plaza 1300-1322 W 3rd St 58,573 SF 96% Leased Retail Building Alliance, NE 69301 $3,495,000 ($59.67/SF) 3.56% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • West Third Street retail location, parking lot and available store lease.

EXECUTIVE SUMMARY

Triple net leases with all tenants except the music store. The building's deferred repairs made in the last two years.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $198,000 $3.38
Other Income $4,000 $0.07
Vacancy Loss $15,000 $0.26
Effective Gross Income $187,000 $3.19
Taxes $28,000 $0.48
Operating Expenses $38,000 $0.65
Total Expenses $66,000 $1.13
Net Operating Income $121,000 $2.07

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $198,000
Annual Per SF $3.38
Other Income
Annual $4,000
Annual Per SF $0.07
Vacancy Loss
Annual $15,000
Annual Per SF $0.26
Effective Gross Income
Annual $187,000
Annual Per SF $3.19
Taxes
Annual $28,000
Annual Per SF $0.48
Operating Expenses
Annual $38,000
Annual Per SF $0.65
Total Expenses
Annual $66,000
Annual Per SF $1.13
Net Operating Income
Annual $121,000
Annual Per SF $2.07

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
58,573 SF
Building Class
C
Year Built/Renovated
1977/2022
Price
$3,495,000
Price Per SF
$59.67
Cap Rate
3.56%
NOI
$124,250
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.19
Lot Size
6.92 AC
Zoning
Z02
Parking
335 Spaces (5.72 Spaces per 1,000 SF Leased)
Frontage
510’ on 3rd Street

AMENITIES

  • 24 Hour Access
  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 15,000 SF
  • -
  • Triple Net
  • Feb 2026

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

  • Goodwill Industries Retail
  • -
  • 15,500 SF
  • -
  • -
  • Dec 2028
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 15,000 SF - Triple Net Feb 2026
Goodwill Industries Retail - 15,500 SF - - Dec 2028

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 20,500 SF
  • Retail
  • -
  • 30 Days

Large retail space for lease located in the Alliance Plaza. Currently being used as warehouse storage for a bean processing company.

  • 1st Floor
  • 1,600 SF
  • Retail
  • -
  • 30 Days

Fully built out retail space but tenant improvements can be made.

  • 1307
  • 2,600 SF
  • Restaurant
  • -
  • Now
Space Size Space Use Position Available
1st Floor 20,500 SF Retail - 30 Days
1st Floor 1,600 SF Retail - 30 Days
1307 2,600 SF Restaurant - Now

1st Floor

Size
20,500 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size
1,600 SF
Space Use
Retail
Position
-
Available
30 Days

1307

Size
2,600 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 20,500 SF
Space Use Retail
Position -
Available 30 Days

Large retail space for lease located in the Alliance Plaza. Currently being used as warehouse storage for a bean processing company.

1st Floor

Size 1,600 SF
Space Use Retail
Position -
Available 30 Days

Fully built out retail space but tenant improvements can be made.

NEARBY MAJOR RETAILERS

Scooter's Coffee
First National Bank of Omaha

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
070045283
Land Assessment
$0
Improvements Assessment
$1,103,099
Total Assessment
$1,103,099
Annual Taxes
$28,000 ($0.48/SF)
Tax Year
2024 Payable 2025
  • Listing ID: 31319424

  • Date on Market: 3/25/2024

  • Last Updated:

  • Address: 1300-1322 W 3rd St, Alliance, NE 69301

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}