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Walgreens 502 S 11th St 12,153 SF Retail Building Nebraska City, NE 68410 $5,444,088 CAD ($447.96 CAD/SF) 7.93% Cap Rate



EXECUTIVE SUMMARY
Introducing WALGREENS PHARMACY Located at 502 S 11th St, Nebraska City, NE 68410, this 13,650 sq ft Walgreens retail store is a lucrative investment opportunity. Under a 75-year Absolute Triple Net lease, the property offers stable income with approximately 10 years left in the current term, and the tenant has termination options every 5 years. Benefiting from a prime location at a major intersection, the property boasts high visibility and accessibility in Nebraska City. With a robust demographic profile including an average household income of over $72,000 and a population exceeding 7,000 within a 3-mile radius, the area provides a strong consumer base. In addition, the lease is backed by Walgreens Boots Alliance, ensuring long-term reliability with an S&P-rated "BB" investment-grade corporate guaranty. Surrounding amenities include popular retailers like McDonald's, Walmart, and Hy-Vee, as well as convenient access to major highways linking Nebraska City to key regional destinations. Don't miss this chance to own a premium commercial asset in a thriving location with immense potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,153 SF
Building Class
B
Year Built
2009
Price
$5,444,088 CAD
Price Per SF
$447.96 CAD
Cap Rate
7.93%
NOI
$431,783 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
3.88
Lot Size
0.07 AC
Zoning
Z03
Parking
54 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
256’ on 11th St
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 003680500 | Improvements Assessment | $1,650,150 CAD |
| Land Assessment | $273,604 CAD | Total Assessment | $1,923,754 CAD |
PROPERTY TAXES
Parcel Number
003680500
Land Assessment
$273,604 CAD
Improvements Assessment
$1,650,150 CAD
Total Assessment
$1,923,754 CAD
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Walgreens | 502 S 11th St
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