Natural Grocers - Lincoln, NE

212 N 48th St Lincoln , NE 68504-3502

Natural Grocers - Lincoln, NE - Retail for sale

Download Offering Memorandum

Overview



Single-tenant Natural Grocers, an organic foods grocery store chain, for sale in a major retail corridor of Lincoln, Nebraska. Located just 2.5 miles from the University of Nebraska, with enrollment of over 25,000 students. In close proximity to other prominent retailers including Target, Walgreens, CVS, and Hy-Vee.

Investment Highlights


  • Fee simple interest
  • Property features an absolute NNN lease structure with approximately 8.5 years of contractual lease term remaining
  • Zero landlord responsibilities
  • Rent growth every 5 years throughout initial lease term and three 5-year options
General
Property Type Retail
Tenure Type Sale / Purchase
Property Address 212 N 48th St, Lincoln, NE 68504-3502
Land In Acres 1.48
Building Size 13,028  ft2
Year Built 2012
Financial
Price $5,506,900
Cap Rate 7.00%
Current NOI $385,485.00
Lease
Tenant's Name Natural Grocers By Vitamin Cottage, Incorporated
Lease Type NNN
Lease Expiration Date 03/31/2027
Remaining Term 7.6Yrs

Other properties you may be interested in

  • 10490 Shelbyville Road - CVS
    10490 Shelbyville Road - CVS
    10490 Shelbyville RdLouisville, KY 40223-3120
    Type(s):     Retail
    Deal Type(s):     Sale / Purchase
    Price ($USD):     4,510,000
    Space Available:     9,750 ft2
  • 1165 N. Clark Retail Vertical Subdivison
    1165 N. Clark Retail Vertical Subdivison
    1165 N Clark StChicago, IL 60610-2702
    Type(s):     Retail
    Deal Type(s):     Sale / Purchase
    Price ($USD):     Confidential
    Space Available:     18,100 ft2
  • 1702 Avenue U - Brooklyn, NY
    1702 Avenue U - Brooklyn, NY
    1702 Avenue UBrooklyn, NY 11229-3812
    Type(s):     Retail
    Deal Type(s):     Sale / Purchase
    Price ($USD):     Confidential
    Space Available:     6,400 ft2
  • 24 Hour Fitness - Dallas, TX
    24 Hour Fitness - Dallas, TX
    2300 Fort Worth AVEDallas, TX 75211
    Type(s):     Retail
    Deal Type(s):     Sale / Purchase
    Price ($USD):     13,616,000
    Space Available:     37,000 ft2
  • 2830 Mannheim Road
    2830 Mannheim Road
    2830 Mannheim RdFranklin Park, IL 60131-2222
    Type(s):     Retail
    Deal Type(s):     Sale / Purchase
    Price ($USD):     2,445,000
    Space Available:     4,275 ft2
  • 7-Eleven - Bradley Beach, NJ
    7-Eleven - Bradley Beach, NJ
    415 Main StBradley Beach, NJ 07720-1007
    Type(s):     Retail
    Deal Type(s):     Sale / Purchase
    Price ($USD):     1,645,000
    Space Available:     2,385 ft2