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Bellevue Plaza 4 Retail Properties Offered at $9,890,000 in Bellevue, NE
Investment Highlights
- All tenants are on NNN leases and most reimburse for non-capex R&M and management fee expenses.
- Potential upside through leasing up 2,000 SF of vacant space.
Executive Summary
- Family Fare pays a significantly below market rent at this
location, providing a buyer with an opportunity to increase
revenue at a future point in time. It is estimated that Family
Fare’s rent is at least 50% below market.
- Family Fare, Scooters, Taco John’s, Jimmy John’s, and Blue Moon
Fitness are each on their own individual tax parcel, offering a
buyer the immediate opportunity to sell off these parcels
separately and increase returns
location, providing a buyer with an opportunity to increase
revenue at a future point in time. It is estimated that Family
Fare’s rent is at least 50% below market.
- Family Fare, Scooters, Taco John’s, Jimmy John’s, and Blue Moon
Fitness are each on their own individual tax parcel, offering a
buyer the immediate opportunity to sell off these parcels
separately and increase returns
Property Facts
| Price | $9,890,000 | Number of Properties | 4 |
| Price / SF | $71.31 / SF | Individually For Sale | 0 |
| Cap Rate | 7.75% | Total Building Size | 138,692 SF |
| Sale Type | Investment | Total Land Area | 24.44 AC |
| Status | Active |
| Price | $9,890,000 |
| Price / SF | $71.31 / SF |
| Cap Rate | 7.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 138,692 SF |
| Total Land Area | 24.44 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bellevue Plaza
1402-1512 Harlan Dr, Bellevue, NE 68005 |
Retail | 115,000 SF | 1972 | - |
|
Former Big Lot
1502 Harlan Dr, Bellevue, NE 68005 |
Retail | 19,834 SF | 1998 | - |
| 1314 Harlan Dr, Bellevue, NE 68005 | Retail | 2,265 SF | 2007 | - |
| 1306 Harlan Dr, Bellevue, NE 68005 | Retail | 1,593 SF | 2007 | - |
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Bellevue Plaza
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