For Sale
$1,850,000

132 5Th St Seward, NE 68434

Prime location, high-yield retail & residential.

Overview

Added:
Dec 11, 2024
Days on market:
132
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.

Property Details for 132 5Th St

Property type
Retail properties, Restaurants
Square Feet
11,187 SF
Year Built
1895
Stories
2

Location Insight

City
Seward
County
Seward
State
Nebraska
Latitude
40.907166820196
Longitude
-97.097926164846

FAQs

What type of property is this?
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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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132 5Th St
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