Marcus & Millichap Sells Retail Property In Omaha, NE For $4.6M
5110 South 108th Street, Omaha, Nebraska 68137, United States
$4,627,969
$70/SF
Building Size
65,413 SF
Asset Type
Retail
Closing
Aug 3, 2022
About this deal
AI
The retail property located at 5110 S 108th St in Omaha, NE has been sold. The property spans across 65,413 square feet and was sold for a price of $4,627,969, resulting in a price per square foot of $71.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,627,969
- Address: 5110 S 108th St, Omaha, NE
- Market: Omaha, NE
- Brokers: Brennan Clegg, Chris Lind, Mark Ruble, and Jon Ruzicka - Marcus & Millichap
The deal was facilitated by the brokerage firm Marcus & Millichap, with Brennan Clegg, Chris Lind, Mark Ruble, and Jon Ruzicka representing the buyers or sellers in the transaction.
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
3.43%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93