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7818 Cass St
Omaha, NE 68197
First National Bank · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
5,782 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.15 AC
Zoning
GC - General Commercial
Parking
28 Spaces (3.62 Spaces per 1,000 SF Leased)
Frontage
181’ on Cass St

AMENITIES

  • Pylon Sign
  • Drive Thru

ABOUT 7818 CASS ST , OMAHA, NE 68197

Jones Lang LaSalle ( JLL ) is pleased to offer for sale the fee-simple interest in a freestanding, top-performing First National Bank of Omaha (the Property ) branch located in Omaha, Nebraska with annual CPI rent escalations. As the largest privately held bank in the country with an investment grade credit profile (Moody' s: A2 ), First National Bank (the Tenant or Company ), leases the Property on an absolute triple-net basis ( NNN ) with no landlord responsibilities. Demonstrating long-term commitment to the location, the Tenant recently extended the lease, providing 15 years of lease commitment and further supporting the strong real estate fundamentals and desirable retail location. This investment represents an excellent opportunity to acquire an absolute NNN freestanding bank, leased to the largest private bank holding company in the country. The Property is well-located as an outparcel to Hy-Vee, the city' s leading grocer, and will benefit from high traffic counts on Cass Street and Dodge Street. Surrounding national retailers include the Nebraska Furniture Mart, Lowe' s, Hobby Lobby, Walgreens, the Crossroads Mall, Best Buy, Target, CVS, and McDonalds, among others. First National Bank of Omaha is headquartered in Omaha and has the largest deposit base of any banking institution in the metropolitan area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5446-0400-07
Land Assessment
$518,600
Improvements Assessment
$846,100
Total Assessment
$1,364,700
  • Listing ID: 7642018

  • Date on Market: 6/12/2017

  • Last Updated:

  • Address: 7818 Cass St, Omaha, NE 68197

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