Sky Capital Group Acquires Plaza North Shopping Center In Omaha For $14.5M
5413 North 90th Street
$14,500,000
$71/SF
Building Size
203,250 SF
Asset Type
Retail
Closing
Jun 27, 2025
AI
5413 North 90th Street is a retail asset located in Omaha, NE, which has a sale price of $14,500,000. The property spans a total area of 203,250 square feet, translating to a price per square foot of $71. At the time of closing, the center was 92% leased and included tenants such as Baker’s Supermarket and Planet Fitness.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,500,000
- Buyer: Sky Capital Group
- Seller: Plaza North Station LLC
- Broker: Ember Grummons - Investors Realty
Investors Realty played a key role in the transaction by facilitating the sale of Plaza North Shopping Center. The center's significant occupancy rate and its grocery-anchored status contributed to the successful transition of ownership to Sky Capital Group from Plaza North Station LLC.
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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93