This exceptional mixed-use property in Seward, Nebraska, presents a compelling investment opportunity. The 11,187 square foot building, originally constructed in 1895 and extensively renovated in 2020, boasts two national franchise tenants: Jimmy John's and Domino's Pizza, both with significant lease terms remaining (7+ years). The renovation encompassed complete electrical, plumbing, HVAC, roofing, and interior updates, resulting in minimal ongoing maintenance costs. The property's prime location on Seward's town square, near Concordia University (2,700 students) and numerous large employers (Allo Communications, Petsource, WCR Inc, Tenneco Automotive, and BNSF), ensures consistent tenant demand. The building's strategic position within the Lincoln, NE MSA (population 345,000+) further enhances its investment potential. The asking price is $1,850,000, translating to $165.37 per square foot. This two-story building offers a diversified income stream, combining the stable revenue from established retail tenants with the potential for additional income from residential units. The property's history as a cherished part of Seward's heritage, coupled with its modern updates and strategic location, makes it an attractive and stable investment.
Highlights
Strong anchor tenants, Jimmy John's and Domino's, with 7+ years remaining on their leases.
Excellent location near Concordia University (2,700 students).
Strategic location in Seward, NE, serving a diverse tenant pool including students and employees of local manufacturing and distribution firms.
Recently renovated, minimizing future maintenance expenses for the owner.
Situated in the Lincoln, NE MSA, a market with a population exceeding 345,000.
Retail property - Prime location, high-yield retail & residential.
Where is the retail property located?
The property is located at 132 5Th St Seward, NE.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Strong anchor tenants, Jimmy John's and Domino's, with 7+ years remaining on their leases.; Excellent location near Concordia University (2,700 students).; Strategic location in Seward, NE, serving a diverse tenant pool including students and employees of local manufacturing and distribution firms.
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Contacts
Boomer Peterson
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5Th St Seward, NE 68434
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5Th St Seward, NE 68434
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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132 5Th St
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