8220 Giles RdLa Vista, NE 68128

Property Details for 8220 Giles Rd

Year built

2001

Construction

CONCRETE

Lot size

1.12 AC

Property size (Sq ft)

3,724 SF

Property type

Commercial kitchens

APN

11288361

APU

11288361

Description

This exceptional 1.1-acre retail pad site, located at 8220 Giles Rd in La Vista, Nebraska (zip code 68128), presents a unique investment opportunity. The property boasts a highly desirable location at the intersection of 84th and Giles Road, offering excellent visibility and accessibility. Its strategic placement neighbors the La Vista City Centre mixed-use development, ensuring high traffic volume and exposure to a diverse customer base. The site is ideally suited for a quick-service restaurant or similar retail establishment, featuring an existing drive-thru lane for enhanced operational efficiency. The property is available for ground lease at an annual rate of $120,000 or for a retail/restaurant lease at a rate of $30 per square foot, triple net (NNN). This prime location, coupled with the existing infrastructure, makes this an exceptional opportunity for businesses seeking high visibility and convenient access in a thriving community. The property is classified as retail land with single tenancy. Its coordinates are 41.1768665 latitude and -96.041574 longitude. Don't miss this chance to establish your business in a vibrant and rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $838,543

  6.5%

  $774,040

  7%

  $718,751

• Comparable approach

  Method

  Valuation

  Relative Method

  $478,984

  Geo Method

  $478,984

• Alternative Use

  Use

  Valuation

  Residential

  $652,931

  Hospitality

  $598,082

  Educational

  $497,597

  Medical

  $514,710

  Retail

  $774,040

Location Insight

City

La Vista

County

Sarpy

State

Nebraska

Latitude

41.1767

Longitude

-96.0416

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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