PROPERTY
Size | 17,638 SF |
Year Built | 1980 |
Property Type | Industrial |
Location | Sarpy West Submarket |
RESULT
Sale Date | June 1, 2022 |
Price | $2,525,000 |
Price PSF | $143.16 |
MAJOR POINTS
- Spring 2021, Client inquired about leasing and/or selling the building
- Provided the Owner with a Broker Opinion of Value on how to best position the asset in the market
- Engaged Investors Realty’s Project Management team to perform
value add renovations - Engaged Investors Realty’s Property Management team to help with current tenant leases
- January 2022, marketed the space For Lease, received two lease offers within 30 days
- While marketing the space for lease, we received numerous calls to see if owner would sell
- Reconvened with the owner and shifted focus to selling the asset
- March 2022, marketed the asset For Sale, under contract within a week of listing with several other offers
- Assisted in due diligence, title, etc. and closed June 2022
Sydney Weller 402.769.7564 sweller@investorsomaha.com | Kevin Stratman, CCIM, SIOR 402.778.7520 kstratman@investorsomaha.com | Ryan Zabrowski, CCIM, SIOR, CRE 402.778.7557 rzabrowski@investorsomaha.com |