9801 & 9825 Giles Road

Office for Sale
Catylist Listing ID: 30676716
Property Subtypes: Medical, Office Building
Building Size (RSF): 15,488 SF
Gross Building Area: See Agent
Gross Land Area: 63,031 SF
Sale Price: $2,600,000
Unit Price: $167.87 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.75%
Last Updated: 10/16/2021

Overview / Comments

Unique opportunity to own 15,488 SF between two beautiful buildings. Current tenants include Childrens Physicians, Quality First Insurance, Weeder Pediatric Dentistry and Infinite Loop VR.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $36,512 (Annual)

Current Tenants

Tenant Business Name Children's Physicians
Is Renting? Yes
Suite Number 2-6
SF of Space Occupied 5,885 SF
Current Rent $16 PSF (Annual)
Lease Expiration 8/2022
Escalations Yes on 9/1/2021 to $7,832.65 until lease expiration on 8-31-2022.
Tenant Business Name Quality First Insurance
Is Renting? Yes
Suite Number 1
SF of Space Occupied 1,859 SF
Current Rent $14 PSF (Annual)
Lease Expiration 7/2022
Tenant Business Name Weeder Pediatric Dentistry
Is Renting? Yes
Suite Number a-b
SF of Space Occupied 2,555 SF
Current Rent $13 PSF (Annual)
Lease Expiration 10/2023
Escalations Yes on 11/1/2021 to $2,767.92 until lease expiration on 10/31/2023.
Tenant Business Name Infinite Loop VR
Is Renting? Yes
Suite Number c-f
SF of Space Occupied 5,000 SF
Current Rent $13 PSF (Annual)
Lease Expiration 10/2024
Escalations Yes on 9/1/2021 to $5,505.45 until 9/1/2022, then $5,615.56 until 9/1/2023 then $5,727.87 until the lease expiration 10/31/2024.

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Sarpy
Tax ID/APN: 011563750
Zoning: C-1
Property Located Between: Giles Road and S 96th Street
Property Visibility: Excellent
Highway Access: At the intersection of Giles Road and S 96th Street , this location is only 2.5 miles off of I-80 exit 442.
Site Description: At the intersection of Giles Road and S 96th Street , this location is only 2.5 miles off of I-80 exit 442. Current tenants include Children’s Physicians, Quality First Insurance, Weeder Pediatric Dentistry and Infinite Loop VR. Located in the Val Verde Shopping Center which is home to Northwest Bank, The Home Company, Education Express, Val Verde Animal Hospital, Domino’s, Meylor Chiropractic, Ref’s Sports Bar and Grill, Val Verde Dental, I Care Optical, State Farm, ReMax, Edward Jones and MORE!
Area Description: At the intersection of Giles Road and S 96th Street , this location is across from Walmart and CHI.
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 7,744 SF
Year Built: 2006
Construction/Siding: Brick
Exterior Description: Common Brick Veneer
Parking Type: Surface
Total Parking Spaces: 80
Zoning Description: C-1
Lot Frontage: 350
Lot Depth: 180

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,569 76,127 202,506
Median Age: 36.08 36.03 36.41
Households: 4,504 30,734 80,656

Contact

Photograph of Listing Agent

Bridget Arthur-McCombs

McCombs Commercial Realty
MRCIE Member
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