The Baxter Auto Group recently purchased 28 acres of land at 40th & Yankee Hill Road in south Lincoln. Construction is underway of a new 66,000 square foot Toyota dealership, Baxter Toyota of Lincoln, and a 40,000 square foot Lexus dealership, Lexus of Lincoln. The demographics of the population in this area and easy access to the planned dealerships will allow Baxter to better serve its customers in south Lincoln and provide them with larger state-of-the-art facilities.
A third dealership and service facility is planned for construction in the near future.
A SuperTarget is located across 40th Street and the dealerships are less than two miles from SouthPointe Pavilions, a popular shopping destination currently undergoing expansion. In addition to the new dealerships, this area of Lincoln is seeing an increase in other new commercial and residential development. Steve Farrell and Pat Regan assisted Baxter with the acquisition of these sites.
This article appeared in our quarterly newsletter from September of 2016. The full newsletter is available at http://files.investorsomaha.com/download/online_newsletter_9-2016.pdf