Share This Listing

Message

953 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

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

Save this listing!

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

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Hy-vee
CrossFit
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003680500
Land Assessment
$273,604 CAD
Improvements Assessment
$1,650,150 CAD
Total Assessment
$1,923,754 CAD
  • Listing ID: 34400098

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 502 S 11th St, Nebraska City, NE 68410

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") }}