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225 N Saddle Creek Rd, Omaha, NE, 68131

Walgreens
$3,599,000

Key Information

Cap Rate
8.5%
$ per SF
$248
Tot. SF
14,490
Lot Size
2.81 Acres
Year Built
2002
Term Remaining
± 5.76 YRS
Type
Retail
Occupancy
100%
NOI
$306,000

Highlights

  • Top of Market Returns – Offered at $3,599,000, the asset offers a compelling 8.50% return, which is among the highest available for national net lease retailers.
  • Institutional Medical Anchor Driving $7B+ Annual Economic Impact – Positioned adjacent to the University of Nebraska Medical Center (UNMC) and Nebraska Medicine campus—one of the largest economic engines in the state, generating over $7B annually and supporting 50,000+ jobs. This irreplaceable “educational + medical” hub provides a consistent, recession-resistant demand driver fueled by physicians, healthcare workers, patients, and students.
  • $2 Billion Expansion – Underway is ~$2B+ multi-phase expansion at UNMC and Nebraska Medicine, including a new state-of-the-art hospital tower and major facility upgrades—one of the largest healthcare investments in the region. Also, nearby is the EDGE District – a rapidly growing medical and biotech innovation hub is expanding to support UNMC as it is one of the top infectious disease and public health research centers in the U.S.
  • Rare Medical Space Included – One of ~200 Village MD-integrated Walgreens locations nationwide. The existing medical space provides immediate rent support for Walgreens or future re-tenanting optionality compared to the standard Walgreens buildings.
  • Absolute NNN Lease Structure – Zero landlord responsibilities with stable, predictable cash flow—ideal for 1031 and net lease investors.
  • Urban Infill Location – Located along a major corridor across from a regional medical hub and just 2.5 miles from Downtown Omaha, with ~300,000 residents within 5 miles.
  • Strong Corporate Signature – Lease is directly signed by Walgreens’ parent entity, offering enhanced security compared to subsidiary signatures.

Photos

Location

Agents

Broker of Record

Kyle Matthews

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