9918 S 148th Street Sells For $2,525,000

9918 S 148th Street Sells For $2,525,000

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