1533 Burlington StHoldrege, NE 68949

Property Details for 1533 Burlington St

Year built

1976

Lot size

4.94 AC

Property size (Sq ft)

53,218 SF

Zone code

03-COMMERCIAL

Property type

Community centers

APN

002664.00

APU

266400

Description

Holdrege Plaza presents a compelling opportunity for retail businesses seeking prime space in a thriving grocery-anchored shopping center located in Phelps County. This established center offers two available spaces, providing flexibility for businesses of varying sizes. The available spaces range from a compact 1,400 square feet to a more substantial 27,780 square feet, catering to a diverse range of retail needs. The property is classified as a multiple-tenancy retail center, indicating a vibrant and established commercial environment. The "grocery-anchored" designation suggests a strong customer base drawn to the convenience of a nearby grocery store, ensuring high foot traffic and visibility for tenants. This location offers an excellent opportunity to establish or expand a retail presence within a well-positioned and successful shopping center. The specific layout and configuration of the available spaces can be provided upon request, allowing potential tenants to assess the suitability for their individual business requirements. Further details regarding lease terms and conditions are available for serious inquiries. This is an exceptional opportunity to secure a prominent retail space in a dynamic and established commercial environment. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $16,484,651

  6.5%

  $15,216,601

  7%

  $14,129,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,136,038

  Geo Method

  $16,136,038

• Alternative Use

  Use

  Valuation

  Residential

  $12,835,772

  Hospitality

  $11,757,498

  Educational

  $9,782,100

  Medical

  $10,118,522

  Retail

  $15,216,601

Location Insight

City

Holdrege

County

Phelps

State

Nebraska

Latitude

40.4498

Longitude

-99.3801

Property Tax & Assessments

FAQs

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