72nd Crossing Shopping Center
Sells for $12,750,000

72nd Crossing Shopping CenterSells for $12,750,000

PROPERTY

Size 98,837 SF
Year Built 1990
Property Type Retail Center
Location 72nd Street Corridor

RESULT

Sale Date December 28, 2020
Price $12,750,000
Price PSF $129.00


PROPERTY HIGHLIGHTS

  • 100% leased Multi-Tenant Shopping Center
  • Irreplaceable location in one of Omaha’s best retail corridors
  • Property had a 10-year occupancy rate of 98%
  • All roofs, storm water inlets, and water main had recently been replaced

 

MAJOR POINTS

  • Achieved Seller’s “Pre-Covid” price objective in spite of a difficult sale environment for junior box anchored centers
  • Buyer and Seller sourced by Ember Grummons

 


Ember Grummons, CCIM
402.778.7553
egrummons@investorsomaha.com