7503-7519 Pacific St
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7503-7519 Pacific St
25,860 SF 91% Leased Retail Building Omaha, NE 68114 £2,961,072 (£115/SF) 7.50% Net Initial Yield
Investment Highlights
- Peaches Plaza is strategically positioned in high-trafficked corridor with easy access to I-80, Dodge Street, and public transportation routes.
- 5-mile population: 319,026, 1-mile average household income: $133,010.
- Below market rents provide the potential to increase rental income through lease negotiations, upgrades, or service expansion.
- Central Omaha is known for its attractive mix of residential, retail and office spaces, promoting a thriving consumer base.
- The asset is near well established mixed-use developments, event arenas, and large-scale retailers.
- Priced well below replacement cost at $146 per square foot.
Executive Summary
The Lerner Company is pleased to announce an opportunity to invest in the heart of Omaha, NE. Located along the Pacific St corridor, just blocks west of 72nd St.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
25,860 SF
Building Class
C
Year Built
1979
Price
£2,961,072
Price Per SF
£115
Net Initial Yield
7.50%
NOI
£222,080
Percent Leased
91%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.31
Lot Size
1.89 AC
Zoning
GC
Parking
137 Spaces (5.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Total NNN: $4.80
| Space | Size | Space Use | Position | Available |
| 7509 | 2,400 SF | Retail | In-Line | Now |
7509
| Size |
| 2,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
7509
| Size | 2,400 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Total NNN: $4.80
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0823-3050-20 | Improvements Assessment | £1,066,306 |
| Land Assessment | £696,432 | Total Assessment | £1,762,738 |
PROPERTY TAXES
Parcel Number
0823-3050-20
Land Assessment
£696,432
Improvements Assessment
£1,066,306
Total Assessment
£1,762,738
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7503-7519 Pacific St
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