Description

Property Addresses:

- Papillion: 1230 N Washington St, Papillion, NE

- North 30th: 7402 N 30th St, Omaha, NE

- Valley View: 1801 Valley Dr, Council Bluffs, IA

- Broadway: 1817 W Broadway, Council Bluffs, IA

- Ashland: 2301 Silver St, Ashland, NE

- Blair Plaza: 238 8th St, Blair, NE

Property Size: 376,359 SF

Occupancy: 87%

Year Built: 1963-1992

WALT: 6.3 Years

Year 1 NOI: +/- $2,595,000

...

Attributes

Building area gross

34,965 sm

Family Fare Omaha Portfolio (Omaha, NE / Council Bluffs, IA) (6 Properties)

Rare Opportunity to Acquire Grocery-Anchored Assets in High Growth Omaha MSA in Scale
Ability to acquire five grocery-anchored and/or necessity-based retail assets in addition to one vacant box totaling 376,359 square feet across one of the Midwest’s fastest-growing markets.
+/- 37% of portfolio income is generated by Family Fare grocery anchor

Necessity-Based Anchors with National Scale
4 properties anchored by Family Fare with C&S Wholesale Grocery credit - one of the largest privately held companies in the U.S.
Family Fare operates under C&S, one of America’s largest grocery wholesalers with 15+ grocery banners nationwide.
VASA Fitness (70+ locations across 10 states), Dollar Tree, and essential service providers deliver necessity-based retail resilience.

Secure Cash Flows with Value-Add Opportunity
6.2 years of WALT with 12 years of weighted average tenure among tenants at the centers – long term lease security across the portfolio
87% portfolio occupancy allows for upside - 48,624 SF vacant box
+/- 5.8% CAGR over 5-year hold
Recent 15-year lease executed with VASA Fitness
Significant mark-to-market opportunity

U.S. News & Report Ranked Omaha as the #1 “Hottest Housing Market” for 2025
7,700+ residential units in MSA pipeline with +/- 4,900 currently under construction

$9+ Billion Omaha Transformation Underway
Omaha is currently undergoing a “Billion Dollar Makeover” with more than $9B in new development reshaping the city’s landscape