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Ember Grummons Represents Seller River Village Twin Creek LLC In $13.6M Twin Creek Shopping Center Sale

Property Image
SOLD
$13,600,000
Tim Kerrigan
Grant Kobes
+ 1

Nebraska

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Retail83,085 SF
Sold 01/20/2025
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Property Image
SOLD

Ember Grummons Represents Seller River Village Twin Creek LLC In $13.6M Twin Creek Shopping Center Sale

3604 Twin Creek Drive

See Similar Deals
Retail83,085 SF
Sold 01/20/2025
Tim Kerrigan
Grant Kobes
+ 1
Contact now

Summary

NEBRASKA
Asset Type:Retail
Price Per Square Foot:$163
Total Square Footage:83,085 SF
Transaction Type:Sale

The Twin Creek Shopping Center, located at 3604-4102 Twin Creek Drive in Bellevue, NE, features eight retail properties with a total of approximately 83,085 square feet. This retail asset was sold for $13,600,000, translating to a price per square foot of $164.

Summary of transaction details:

The sale was facilitated by Investors Realty, where Ember Grummons represented the seller, River Village Twin Creek, LLC, while Tim Kerrigan, Grant Kobes, and Jarrot Simon represented the buyer, Classic Street Partners, LLC.

Players

Ember Grummons
6 deals$71.5M volume
BROKER

Tim Kerrigan
Investors Realty
3 deals$27.3M volume(402) 778-7530
BROKER

Grant Kobes
Investors Realty
2 deals$18.3M volume(402) 769-7571
BROKER

 Jarrot Simon
Investors Realty
1 deal$13.6M volume(402) 769-7574
BROKER

Details

SOLD
IMAGE: 01/20/2025 ADDRESS: 3604-4102 Twin Creek Drive MARKET: Bellevue, NE ASSET TYPE: Retail SELLER: River Village Twin Creek, LLC BROKERS: Grant Kobes, Jarrot Simon, Tim Kerrigan & Ember Grummons - Investors Realty SALE PRICE: $13,600,000 SF: 83,085 ~ PPSF: $164 NOTE: Investors Realty facilitated the $13.6 million sale of Twin Creek Shopping Center in Bellevue, Nebraska, which spans 83,085 square feet across eight retail properties. Ember Grummons represented the seller, River Village Twin Creek, LLC, while Tim Kerrigan, Grant Kobes, and Jared Simon represented the buyer, Classic Street Partners, LLC.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$48,317.94
Cash-on-Cash Return-1.27%
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