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This Retail Property is no longer advertised on LoopNet.co.uk.

1920 Glenn St
Norfolk, NE 68701

Value-Add Industrial/Commercial - $50PSF · Retail Property For Sale

Investment Highlights

  • 1920 Glenn Street is a 50,000-square-foot facility leased to Red 10 RV at below-market rates for flexible value-add or repositioning potential.
  • Situated on a highly visible 2.3-acre parcel at a signalized intersection with traffic counts of over 15,000 vehicles per day.
  • Average household income of $71,003 contributes to over $326 million in annual consumer spending within a 5-mile radius.
  • Offered below replacement cost at $50 per square foot with an NOI of $95,920 and recent renovations and construction completed in 2013 and 2010.
  • Positioned in a multi-faceted area as part of the city’s main industrial park and minutes from prominent retail hubs like Sunset Plaza Mall.
  • View the offering memorandum below and get in touch today to learn more.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Auto Dealership
Building Size
50,000 SF
Building Class
C
Year Built/Renovated
2010/2013
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.50
Lot Size
2.30 AC
Zoning
Commercial/Industrial
Parking
30 Spaces (0.6 Spaces per 1,000 SF Leased)
Frontage
473 ft on Glenn Street

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 590039946
  • 590169882
Land Assessment
£79,357
Improvements Assessment
£735,409
Total Assessment
£814,766
  • Listing ID: 18391882

  • Date on Market: 03/02/2020

  • Last Updated:

  • Address: 1920 Glenn St, Norfolk, NE 68701

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