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909 South 72nd Street, Omah...

Caller Properties Acquires Retail Property In Omaha, NE For $21.4M
SOLDRetail

Caller Properties Acquires Retail Property In Omaha, NE For $21.4M

909 South 72nd Street, Omaha, Nebraska 68106, United States

$21,400,000

$173/SF

Building Size

123,664 SF

Asset Type

Retail

Closing

Aug 15, 2022

AI

The retail property located at 909 S 72nd St in Omaha, NE has been sold for a total price of $21,400,000. The property spans a total area of 123,664 square feet, resulting in a price per square foot of $174. The transaction took place on 08/16/2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $21,400,000
  • Address: 909 S 72nd St, Omaha, NE
  • Market: Omaha, NE
  • Buyer: Caller Properties
  • Seller: NewStreet Properties
  • Buyer's Rep: Jason Taylor - Equity Management Group
  • Seller's Rep: Ember Grummons - Investors Realty
  • Square Footage: 123,664
  • Price per Square Foot: $174

Jason Taylor from Equity Management Group represented the buyer, Caller Properties, in this transaction. Ember Grummons from Investors Realty acted as the seller's representative, representing NewStreet Properties. They played integral roles in facilitating the sale.

Players

Ember Grummons

Investors Realty

Broker

$71.5M

vol

6 deals

Broker

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

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93