Marcus & Millichap Sells Plaza Q36 Retail Center In Omaha For $7M
5101 South 36th Street Omaha, NE 68107, USA
$7,000,000
$85/SF
Building Size
81,592 SF
Asset Type
Retail
Closing
Aug 25, 2023
AI
Marcus & Millichap, a prominent commercial real estate brokerage firm, has announced the successful sale of Plaza Q36, an 81,592-square-foot retail shopping center in Omaha, Nebraska. The property, located at 5101 S 36th Street, was sold for $7,000,000, resulting in a price per square foot of $86.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,000,000
- Size: 81,592 square feet
- Address: 5101 S 36th Street, Omaha, NE
- Market: Omaha, NE
The sale of Plaza Q36 was facilitated by brokers Alex Perez and Jon Ruzicka from Marcus & Millichap. Their expertise in the retail market of Omaha, Nebraska played a crucial role in the successful transaction. The buyer and additional details of the deal were not disclosed.
Players
Omaha Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93