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2248 N Webb Rd
Grand Island, NE 68803

$2,496,000 USD

General Retail For Sale

Property Details

• Property Type General Retail
• Year Built 2021
• Cap Rate 6.25 %

40 Walk Score

Highlights

Long-Term ABS NNN Lease | 15 Years Remaining: The tenant has executed an absolute NNN lease with zero landlord responsibilities

Three Additional Five-Year Options: Beyond the primary term, the tenant holds three renewal options

Inflation-Protected Income: 10% rent bumps every five years drive the yield from a 6.25% entry cap to 7.56% by Year 11

Power Retail Synergy: Surrounded by high-traffic national anchors including Walmart Supercenter, Sam’s Club, Culver’s, Chick-fil-A, Denver Mattress

Northwest Commons Submarket: Located within the dominant retail node in Grand Island

Dominant Breakfast Brand: IHOP is a household name with over 1,800 locations nationwide

Cap Rate:

6.25 %

Public Transportation

Airport	Drive	Walk	Distance
Central Nebraska Regional	8 min	-	5.1 mi