Kum & Go 

11205 Wickersham Blvd, Gretna, NE 68028

Pricing

Price: $5,570,000

Cap Rate: 5.15%

NOI: $286,934

Price Per SF: $1,098.83

Leasable Area: 5,069+ SF

Term Remaining: 15 Years

Year Built: 2006 / 2015

Occupancy: 100%

Lot Size: 3.52 Acres

Status: Available

Highlights

  • Long Term Lease - There are 15 years remaining on the initial term of the lease, which is followed by four, 5-years options. 

  • Annual Rental Increases - 1.5% Annual Rental increases throughout the initial term and option period to help investors hedge against inflation.

  • Tenant ExpansionIn 2015, Kum & Go approached the owner wanting to expand the site. The owner purchased additional parcels in exchange for Kum & Go extending the initial term to 20 years, commencing on May 31, 2016.  

  • Excellent LocationThe subject property is superbly located on a busy hard corner of Hwy 370, which has daily traffic counts upwards of 32,000 VPD, and Wickersham Blvd, which provides the only access in and out of Walmart Supercenter. Additionally, the property has excellent visibility from and is just off the i-80 exit, which has daily traffic counts upwards of 68,000 VPD. 

  • Strong Tenant - 400+ Unit operator, Kum & Go is the 18th Largest Convenience Store Operator in the Nation. 2020 marks Kum & Go's 61st year in the business.

  • Essential Amazon Proof Business - The subject property has remained open and has paid rent in full and on time every month throughout the mandatory stay-at-home orders given by the government at a result of the Covid-19 pandemic. 

  • Zero Landlord Responsibility - Absolute Triple Net Lease. There are Zero Management responsibilities, perfect for buyers looking for a “hands-off” investment.

  • Omaha, Nebraska - The location boasts a 10-mile radius population of 318,159, due to is close proximity to Omaha, Nebraska’s most populous city.

BROKER OF RECORD: Bang Realty-Nebraska, Inc RE# 20190317