9801 & 9825 Giles Road
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30676716 |
| Property Subtypes: |
Medical, Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
15,488 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
63,031 SF
|
| Sale Price: |
$2,850,000 |
| Unit Price: |
$184.01 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
8.0% |
| Last Updated: |
3/16/2021 |
Overview / Comments
|
Unique opportunity to own 15,488 SF between two beautiful buildings. Current tenants include Childrens Physicians, Quality First Insurance, Weeder Pediatric Dentistry and Infinite Loop VR.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$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 |
7/2021 |
| 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 |
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 |
|
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