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2118 Market Ln

11,220 SF 100% Leased Retail Building Norfolk, NE 68701 £1,955,343 (£174/SF)

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Investment Highlights

2118 Market Lane is an 11,220-SF, dual national-tenant retail building along Norfolk's primary east-west retail corridor.
Ideal investment opportunity to acquire a 100% leased, cash-flowing property currently occupied by two well-known national tenants.

Surrounded by national retailers, including Target, Walmart Supercenter, Dollar Tree, Menards, and Tractor Supply Company.
Many nearby hospitality properties provide additional demand for retailers.

Executive Summary

2118 Market Lane is an 11,220-square-foot retail building in Norfolk, Nebraska. This fantastic investment opportunity provides a new investor the opportunity to acquire a retail asset leased to two national tenants. The first of the property's two tenants is Sherwin-Williams, a publicly traded American paint company that has been in business since 1866. The second tenant is Anytime Fitness, a 24/7 fitness franchise that has rapidly expanded across the United States with over 5,000 locations. The property, built in 1999, rests on a spacious 0.75-acre parcel and includes ample parking.

2118 Market Lane is adjacent to the heavily traveled primary route of US 275, Norfolk's primary east-west retail corridor, seeing 14,000 vehicles daily. Nearby retailers include Walmart Supercenter, Tractor Supply, Target, and Menards. The local population has a significant retail net spend of over $80 million in the entertainment and home improvement sectors, which helps to bolster both of this asset's tenants. 2118 Market Lane is a rare investment opportunity to acquire a 100% leased, cash-flowing investment in a prominent retail corridor.