Bill Gottsch Acquires Candlewood Hills Retail Center In Omaha For $4.7M
12424 West Dodge Road
$4,700,000
$401/SF
Building Size
11,700 SF
Asset Type
Retail
Closing
Jul 3, 2024
About this deal
AI
The Candlewood Hills retail center in Omaha, located at 12424 W. Dodge Road near Costco, was sold for $4.7 million. The property spans 11,700 square feet, valuing at $402 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,700,000
- Buyer: Bill Gottsch
- Seller: Royce Candlewood WR LL
- Brokers: Ember Grummons, Grant Kobes & Tim Kerrigan - Investors Realty
Investors Realty played a pivotal role in facilitating the transaction, with Ember Grummons representing the seller, Royce Candlewood WR LLC, and Tim Kerrigan and Grant Kobes representing the buyer, Bill Gottsch.
On the Map
$4,700,000
$401/SF
Retail
View full map
Players
Omaha Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Ember Grummons to view all their deals.
Browse Omaha retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93