FOR SALE

Standing Bear Plaza 14220/14242 Fort St. Omaha, NE 68164

Neighborhood Service Center 37,829 square feet Offered at $5,300,000

Mike Evans, Broker 402.350.3681 True Horizon Real Estate www.TrueHorizonRealEstate.com 402.350.3681 Mike.Evans@TrueHorizonRealEstate.com No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawl without notice, and to any special listing conditions imposed by the property owners. As applicable, we make no representation as to the condition of the property. Broker has an equity position in this property.

FOR SALE

Standing Bear Plaza 14220/14242 Fort St. Omaha, NE 68164

Property Overview

Address: (North building): 14242 Fort Street Omaha, NE 68164

Address: (South building): 14220 Fort Street Omaha, NE 68164

Parcel ID Number: 1715855002

2017 Property Taxes: $73,379.36

Type: Neighborhood Service Center

Land: 3.8 Acres

Gross Building Area: 37,829 square feet

Occupancy: 100%

Zoning: Mixed Use

Year Building Built: 2010

Traffic Count: Approximately - 24,000

Land to Building Ratio: 4.08 : 1

Parking: 160 spaces (4.42 parking ratio)

Current NOI: $380,852.16

2019 NOI: $425,667.60

Current Operating Expenses: $4.90

Mike Evans, Broker 402.350.3681 True Horizon Real Estate www.TrueHorizonRealEstate.com 402.350.3681 Mike.Evans@TrueHorizonRealEstate.com No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawl without notice, and to any special listing conditions imposed by the property owners. As applicable, we make no representation as to the condition of the property. Broker has an equity position in this property.

FOR SALE

Standing Bear Plaza 14220/14242 Fort St. Omaha, NE 68164

Rent Roll

North Building (14242 Fort Street) Bay SF PSF Monthly Annual Lease Expiration

Epic Chiropractic 101 1,248 $12.48 $1,336.40 $16,036.80 March 31, 2024

Billie O’s Lounge 102-4 3,748 $10.96 $3,576.22 $42,914.64 December 31, 2021

Fort144 105-6 2,496 $12.00 $2,496.00 $29,952.00 December 31, 2019

Reliable 24 Hour Staffing 107 1,248 $11.50 $1,196.00 $14,352.00 May 31, 2019

Café LeFluer 108 2,500 $12.00 $2,500.00 $30,000.00 December 31, 2022

Aqua Tots 109-13 5,620 $15.50 $7,493.33 $89,919.96 September 30, 2022

South Building (14220 Fort Street) Bay SF PSF Monthly Annual Lease Expiration

Pizzeria Davlo’s 101 3,965 $11.48 $3,794.53 $45,534.36 July 31, 2020

Thompson Music 103+ 2,625 $11.22 $2,552.81 $30,633.72 October 31, 2022

Dragon Wok(sub-lease) 105+ 2,625 $14.91 $3,326.22 $39,914.64 December 31, 2020

Core Dance 106-7 3,526 $0 $2,060.00 $24,720.00 September 30, 2021

Pre-K & Play 108-9 4,431 $11.00 $5,061.75 $60,741.00 September 30, 2019

TOTALS 34,032 $35,472.30 $425,667.60

Mike Evans, Broker 402.350.3681 True Horizon Real Estate www.TrueHorizonRealEstate.com 402.350.3681 Mike.Evans@TrueHorizonRealEstate.com No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawl without notice, and to any special listing conditions imposed by the property owners. As applicable, we make no representation as to the condition of the property. Broker has an equity position in this property.

2019

2019

FOR SALE

Standing Bear Plaza 14220/14242 Fort St. Omaha, NE 68164

Tenant Highlights

Epic Chiropractic- new primary care professional for spinal health in 2013 and will be renewing 5 year lease.

Billie O’s – Popular neighborhood lounge. Expanded from 2,500 to 3,748 in 2018…continues to grow. Manages Fort144 event hall.

Reliable 24 Hour Medical Staffing – Changed from Twinkle Twinkle children’s clothing when owner founded medical staffing company.

Café LeFluer – New southern café, featuring many recipes from Louisiana and favorites from the mid-west.

Aqua Tots – Strong national tenant offer children swimming instructions. Approximately 700 households bring children to this location weekly.

Pizzeria Davlo – Family owned, well known and respected pizzeria featuring deep dish Chicago style pizza.

Thompson Music – Music instrument store featuring quality brass instrument sales, repairs and lessons for all levels…with sales world-wide.

Dragon Wok – Took over lease from Fiesta Brava in fall of 2017 and has established a strong following.

Core Dance – Moving to Standing Bear Plaza in January 2019. An existing successful dance studio, with currently over 175 children students.

Pre-K & Play – One of 3 of their locations in the Omaha Metro.

Mike Evans, Broker 402.350.3681 True Horizon Real Estate www.TrueHorizonRealEstate.com 402.350.3681 Mike.Evans@TrueHorizonRealEstate.com No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawl without notice, and to any special listing conditions imposed by the property owners. As applicable, we make no representation as to the condition of the property. Broker has an equity position in this property.

FOR SALE

Standing Bear Plaza 14220/14242 Fort St. Omaha, NE 68164

Demographics & Statistics

Demographics

2018 1 Mile 3 Mile 5 Mile

Population 10,286 69,914 151,070

Growth Rate 3.63% 3.77% 4.33%

Avg. Age 35.1 35.8 36.5

Households 3,852 26,495 60,606

Median HH $ $96,124 $91,913 $79,593

Median Home$ $224,185 $208,278 $198,971

Market Conditions – Northwest Omaha Ret Submarket

Current Subject Property Submarket Market Overall

Vacancy Rate 0% 6% 5.6%

Market Rent(Per SF) $12 $14.80 $14.28

Mike Evans, Broker 402.350.3681 True Horizon Real Estate www.TrueHorizonRealEstate.com 402.350.3681 Mike.Evans@TrueHorizonRealEstate.com No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawl without notice, and to any special listing conditions imposed by the property owners. As applicable, we make no representation as to the condition of the property. Broker has an equity position in this property.

FOR SALE

Standing Bear Plaza 14220/14242 Fort St. Omaha, NE 68164

Aerial View

Mike Evans, Broker 402.350.3681 True Horizon Real Estate www.TrueHorizonRealEstate.com 402.350.3681 Mike.Evans@TrueHorizonRealEstate.com No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawl without notice, and to any special listing conditions imposed by the property owners. As applicable, we make no representation as to the condition of the property. Broker has an equity position in this property.