facebook

traded

+ Submit
Home

/

Deals

/

Nebraska

/

Retail

/

Sale

/

3101 N 120th St

Marcus & Millichap Sells Stonegate Plaza Retail Property In Omaha For $2.4 Million
SOLDRetail

Marcus & Millichap Sells Stonegate Plaza Retail Property In Omaha For $2.4 Million

3101 N 120th St & 3131 North 120th Street

$2,400,000

$87/SF

Building Size

27,296 SF

Asset Type

Retail

Closing

Apr 24, 2025

AI

Stonegate Plaza, a fully leased retail strip spanning 13,648 square feet, is located at 3101-3131 North 120th Street in Omaha, NE. The asset was sold for $2,400,000, translating to a price per square foot of $176.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,400,000
  • Address: 3101-3131 North 120th Street
  • Market: Omaha, NE
  • Square Footage: 13,648
  • Price Per Square Foot: $176

Alex Perez and Austin Sweet, representing Marcus & Millichap, facilitated the transaction for the sale of the property. The retail strip was notably anchored by Sherwin Williams and received strong interest along with multiple offers from investors.

Players

Alex Perez

Marcus & Millichap

Broker

$61.4M

vol

11 deals

Broker

Omaha Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93