Matthews Logo

Navigation Menu

2108 Taylor Ave, Norfolk, NE, 68701

Meadows Plaza

$4,335,000

Key Information

Cap Rate
7.75%
$ per SF
$184
Tot. SF
23,500
Units
11
Year Built
2017
Type
Shopping Centers
NOI
$335,918

Highlights

• Diverse Medical-Oriented Tenant Roster: Meadows Plaza is 100% occupied by 11 tenants, with approximately half of the tenant roster consisting of healthcare and service-oriented users, including a doctor’s office, home health provider, and physical therapy. This diverse mix provides essential services to the surrounding community and supports stable, consistent tenancy.
• Class A Newer Construction: Built in 2017, the asset offers Class A construction with a modern façade and contemporary multi-tenant layout with strong In-Place Cash Flow.
• Regional Retail Draw: Located in Norfolk, NE, the property benefits from its position within the region’s primary retail and commercial hub serving Northeast Nebraska. The surrounding area features major traffic drivers including Walmart, Menards, and Hy-Vee, producing consistent consumer traffic.
• Proximity to Major Healthcare Hub: Located just one mile from Faith Regional Health Services, the property benefits from its proximity to one of Northeast Nebraska’s leading healthcare destinations. As a regional medical hub, Faith Regional draws patients, employees, and visitors from surrounding counties, providing the property with access to a broad and diverse customer base.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 20170883, 35320 (NE)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203