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T&A Express Deli and Restaurant 3949 N 132nd St 3,431 SF Retail Building Omaha, NE 68164 $950,000 ($276.89/SF) 7.40% Cap Rate
INVESTMENT HIGHLIGHTS
- 5-Year NNN Lease with 3.00% Annual Increases
- Sub $1M Price Point with Strong Cash Flow
- 48,200+ Vehicles per Day at Nearby Intersection of N 132nd St and W Maple Rd
- Outparcel to Cross Country Shopping Center Anchored by Super Target - Anchored by Super Target
- Over 1 Million Residents in Omaha Metro - 212,600+ Residents within a 5-Mile Radius
EXECUTIVE SUMMARY
The Snyder Carlton National Net Lease Team is pleased to offer for sale a single-tenant deli/restaurant leased to T&A Express, LLC located in Omaha, NE. T&A Express, LLC is a regional operator with three locations throughout the greater Omaha area. The business operates as a New York-style deli and restaurant. They will provide a wide variety of hot and cold food items made fresh to order. T&A Express, LLC has signed a 5-Year NNN lease with 3% annual rent increases.
The property is located at 3949 N 132nd Street in Omaha, NE and benefits from being an outparcel to the Cross County Shopping Center anchored by a Super Target. The 3,431 SF building is situated on a 1.07 acre lot and is equipped with a drive-thru. The building previously operated as a KFC/Long John Silver’s fast-food restaurant. Neighboring retail tenants within the same shopping center include Walgreens, Dairy Queen, Raising Cane’s, McDonald’s, Valvoline Oil Change and Casey’s Gas Station.
In 2024, the previous tenant vacated and the space was re-tenanted by T&A Express, LLC. The prior lessee replaced the HVAC system, repaired the roof, and painted the building.
T&A Express is a bite-sized investment opportunity to own a quality piece of real estate at a sub-one-million-dollar price point. The in-place rent of $70,000 annually is very conservative. Should the tenant not renew in the future, there is strong re-leasing potential for the building.
The property is located at 3949 N 132nd Street in Omaha, NE and benefits from being an outparcel to the Cross County Shopping Center anchored by a Super Target. The 3,431 SF building is situated on a 1.07 acre lot and is equipped with a drive-thru. The building previously operated as a KFC/Long John Silver’s fast-food restaurant. Neighboring retail tenants within the same shopping center include Walgreens, Dairy Queen, Raising Cane’s, McDonald’s, Valvoline Oil Change and Casey’s Gas Station.
In 2024, the previous tenant vacated and the space was re-tenanted by T&A Express, LLC. The prior lessee replaced the HVAC system, repaired the roof, and painted the building.
T&A Express is a bite-sized investment opportunity to own a quality piece of real estate at a sub-one-million-dollar price point. The in-place rent of $70,000 annually is very conservative. Should the tenant not renew in the future, there is strong re-leasing potential for the building.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,431 SF
Building Class
B
Year Built/Renovated
2002/2025
Price
$950,000
Price Per SF
$276.89
Cap Rate
7.40%
NOI
$70,336
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.07 AC
Zoning
CC - CommercialCommunity
Parking
36 Spaces (10.49 Spaces per 1,000 SF Leased)
Frontage
210’ on 132nd St
AMENITIES
- Pylon Sign
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- T&A Express, LLC/T&A Convenience
- Retailer
- 3,431 SF
- $20.50
- Triple Net
- Aug 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| T&A Express, LLC/T&A Convenience | Retailer | 3,431 SF | $20.50 | Triple Net | Aug 2030 |
NEARBY MAJOR RETAILERS
CONTACTS
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Adam Friedlander -
Jereme Snyder -
Eric Carlton -
Mike Potthoff -
Michael Emodi -
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T&A Express Deli and Restaurant | 3949 N 132nd St
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