costar ah - report€¦ · $259,000 for sale prepared on apr 24, 2019 on mrcie prepared by david...

$259,000$259,000FOR SALEFOR SALEPrepared on Apr 24, 2019 on MRCIEPrepared on Apr 24, 2019 on MRCIE

Prepared ByPrepared ByDavid CarrigDavid CarrigBaron Commercial

2243 Jones Str, STE 310

402-218-5888

[email protected]

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More Information OnlineMore Information Onlinehttp://www.mrcie.org/listing/30408489

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Listing ID: 30408489Status: ActiveProperty Type: Retail-Commercial For SaleRetail-Commercial Type: Convenience Store, Mixed UseSize: 3,262 SFSale Price: $259,000Unit Price: $79.40 PSFSale Terms: Cash to Seller

Overview/CommentsOverview/CommentsGreat building with an excellent location right along the busy Vinton Streetat the intersection with 20th Street. Suitable for many uses, this buildinghas a lot of potential!

General InformationGeneral InformationTax ID/APN: 1639090000Retail-Commercial Type: Convenience Store, Mixed Use, Restaurant, Street

Retail, Tavern/Bar/Nightclub, OtherZoning: GC(*)Property Use Type: Net Leased Investment (NNN), Investment,

Vacant/Owner-User, Business

Gross Building Area: 6,524 SFBuilding/Unit Size (RSF): 3,262 SFLand Area: 4,829 SFSale Terms: Cash to Seller

Area & LocationArea & LocationRetail Clientele: General, Family, Business, Traveler, Tourist,

Convention, OtherProperty Located Between: 13th and 24th on Vinton StreetProperty Visibility: ExcellentLargest Nearby Street: Vinton Street

Feet of Frontage: 200Traffic/Vehicle Count: 10,004Highway Access: Excellent proximity to I-80 and I-480Airports: Epply Airfield

Site Description The building's structure conforms to the triangular parcel it sits on with 20th Street to the east and Vinton to the northwest. It's unique location and buildgive make it highly visible on the heavily traveled routes through southeast Omaha.

Area Description The Vinton Street corridor is a highly walkable, mixed use area surrounded by residential homes making it an excellent location for any retail or servicefunction. This area has the potential to be the next focus area of development here in Omaha, much like Blackstone or Benson before it.

Building RelatedBuilding RelatedTenancy: Single TenantTotal Number of Buildings: 1Number of Stories: 1Typical SF / Floor: 3,262 SFProperty Condition: AverageYear Built: 1947Roof Type: Flat

Construction/Siding: BrickTotal Parking Spaces: 10Parking Ratio: 3.1 (per 1000 SF)Parking Type: Surface, OtherParking Description: Off-street parking is available adjacent to the

structure.Passenger Elevators: 0

20th and Vinton20th and Vinton2001 Vinton St, Omaha, NE 68108

Prepared by David Carrig, Baron CommercialApr 24, 2019 on MRCIE

402-218-5888 [M] [email protected]

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Freight Elevators: 0Heat Type: Natural GasHeat Source: CentralAir Conditioning: Engineered System

Internet Access: CableInterior Description: This building features a wide open floor plan

ready for modification to fit any use.

Exterior Description Single story brick building with a triangular footprint. There are two garages that lead to the basement on the east-facing side of the building,making the below-grade space more accessible.

Land RelatedLand RelatedZoning Description: General CommercialWater Service: MunicipalSewer Type: Municipal

Land Ownership: OwnedLegal Description: LOVETT & WOODMANS SUB DIV LOT 8 BLOCK 0 ALL

LT 1 & N 32.82 FT LT 2 & PT LT 8 ON W

Tenant ProfileTenant ProfileTenant Business Name: Grandma's AtticIndustry Type: Retail TradeIs Renting?: YesAnnual Revenue: $0 (Annual)

Current Rent: $1,000 PSF (Annual)Options: Owner requests that the tenant is given 90 notice

to move out, at buyer's request.Tenant Notes: Tenancy at will.

LocationLocationAddress: 2001 Vinton St, Omaha, NE 68108County: DouglasMSA: Omaha-Council Bluffs

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Property ContactsProperty Contacts

David J CarrigDavid J CarrigBaron Commercial

402-218-5888 [M]

402-218-5888 [O]

[email protected]



© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume anyliability for errors or omissions.

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For maximum exposure, we promote listings on as many websites as possible, including the widevariety of local, regional, and national sites below.

Promoted on these Websites

Online Marketing for 2001 Vinton StOnline Marketing for 2001 Vinton StOmaha, NE 68108

MRCIEMRCIEhttp://www.mrcie.orgA commercial information exchange (CIE), servingNebraska and Iowa, powered by Catylist.

Catylist.comCatylist.comhttp://catylist.comCatylist's national commercial real estate search engine,drawing thousands of visitors daily.

GoogleGooglehttp://google.comThe world's leading search engine.




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1.5 million SFCommercial Space For Sale

1,901 AcresLand & Farm For Sale

2.1 million SFCommercial Space For Lease

$267.0 millionTotal Sale Price

DisclaimerDisclaimer: All statistics on this page have been gathered from user-loaded listings and user-

reported transactions. We have not verified accuracy and make no guarantees. By using the

information provided on this page, the user acknowledges that the data may contain errors or other

nonconformities. You and/or your client should diligently and independently verify the specifics of

the information that you are using.

Statistics courtesy of:Midlands Regional CIEMidlands Regional CIE

FrequencyFrequency: Statistics are compiled at the beginning of each month.

ReliabilityReliability: The quality of the data will vary based on many factors, including whether or notyour CIE verifies the data on an ongoing basis. Statistics based on larger numbers of listings(as indicated by the "Listings" column) are generally more trustworthy.

AccuracyAccuracy: We make all attempts to normalize these stats, but make no guarantees abouttheir accuracy. Outliers (extremely high or low values) are excluded from calculations.

CountsCounts: Listing and Transaction counts reflect the number of records with price and sizeinformation within valid ranges. The actual counts of all records in the CIE are larger.

Weighted AveragesWeighted Averages: Price averages are weighed using the square footage available.

DirectDirect: Lease statistics are direct (exclude subleases).

Lease TypesLease Types: Because of discrepancies in how lease types (NNN, Gross, etc) are reported, weignore differences in type – all types are folded together into the lease rate stats.

Below ListBelow List: Reflects the average percent difference between the original listed price and thefinal transaction price.

Net AbsorptionNet Absorption: We calculate absorption using a 90 day period.

LocationsLocations: We only allow filters for locations with at least 100 active listings.

Asking vs. ReportedAsking vs. Reported: "Asking" prices are based on active listings for the chosen locale, while"Reported" prices are calculated using completed transactions as reported by CIE members.

Current Statistics for NebraskaCurrent Statistics for Nebraska

Property TypeProperty Type ListingsListings Asking Lease RateAsking Lease Rate Asking Sale PriceAsking Sale Price Below ListBelow List Days on MarketDays on Market Total AvailableTotal AvailableIndustrial 76 $4.89 PSF $62.31 PSF 13.2% 95 835,402 SFOffice 346 $14.43 PSF $114.73 PSF 15.9% 180 1.5 million SFRetail-Commercial 197 $13.12 PSF $136.29 PSF 16.7% 52 854,035 SFShopping Center 9 $6.08 PSF $141.77 PSF - - 42,338 SFVacant Land 120 $4.03 PSF $1.93 PSF 5.4% 120 64.0 million SFFarm/Ranch 5 - $0.18 PSF 7.3% 152 19.1 million SFHospitality 2 - $36.39 PSF - - 7,032 SFMulti-Family 10 - $57.53 PSF - 174 196,551 SF

Market Summary – March, 2019Market Summary – March, 2019Nebraska




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Radius: 1 mile 3 miles 5 miles

2023 Projection 27,312 166,297 328,3582018 Estimate 23,674 151,824 305,1362015 Estimate 23,418 155,574 317,387

2010 Census 18,889 132,014 275,770Growth 2018-2023 15.37% 9.53% 7.61%Growth 2015-2018 1.09% -2.41% -3.86%Growth 2010-2015 23.98% 17.85% 15.09%




Disclaimer:Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the

user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using.

PopulationPopulation

Population (Male)Population (Male)

Demographics, Labor/Workforce, and Consumer ExpendituresDemographics, Labor/Workforce, and Consumer Expenditures2001 Vinton St, Omaha, NE




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Age 0 to 5 3,675 18,317 33,801Age 5 to 10 2,620 13,859 26,283

Age 10 to 15 2,171 11,805 23,060Age 15 to 20 1,740 9,985 20,269Age 20 to 25 1,522 8,945 18,595Age 25 to 30 1,465 8,917 18,435Age 30 to 35 1,395 9,360 18,762Age 35 to 40 1,377 9,817 19,024Age 40 to 45 1,345 9,998 19,186Age 45 to 50 1,343 10,004 19,502Age 50 to 55 1,245 9,120 18,383Age 55 to 60 1,090 8,144 16,998Age 60 to 65 892 6,887 14,826

Age 65 and over 1,794 16,666 38,012Total Population 23,674 151,824 305,136

Median Age 25.18 32.03 33.4


Age 0 to 5Age 5 to 10Age 10 to 15Age 15 to 20Age 20 to 25Age 25 to 30Age 30 to 35Age 35 to 40Age 40 to 45Age 45 to 50Age 50 to 55Age 55 to 60Age 60 to 65Age 65 and over

16% 12% 11%

11% 9% 9%

9% 8% 8%

7% 7% 7%

6% 6% 6%

6% 6% 6%

6% 6% 6%

6% 6% 6%

6% 7% 6%

6% 7% 6%

5% 6% 6%

5% 5% 6%

4% 5% 5%

8% 11% 12%


2010 Census 29.86 31.21 32.33


2010 Census 30.71 32.4 34.25


High SchoolGraduate (or GED)

3,155 24,283 52,990

Some College, NoDegree

2,120 19,524 43,137

Associate orBachelor's Degree

501 3,744 9,697

Master's Degree 386 4,073 8,734Professional School

Degree144 1,767 3,703

Doctorate Degree 132 1,126 1,945Total High School

Graduates Age 25+6,438 54,517 120,206


High SchoolGraduate (or GED)Some College, NoDegreeAssociate orBachelor's DegreeMaster's DegreeProfessional SchoolDegreeDoctorate Degree

49% 45% 44%

33% 36% 36%

8% 7% 8%

6% 7% 7%

2% 3% 3%

2% 2% 2%

Population (Female)Population (Female)

Population by AgePopulation by Age (2018 Estimate)

Median Age (Male)Median Age (Male)

Median Age (Female)Median Age (Female)

High School Graduates Age 25+ by Educational AttainmentHigh School Graduates Age 25+ by Educational Attainment (2018 Estimate)




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2023 Projection 3.11 2.64 2.582018 Estimate 3.11 2.64 2.582015 Estimate 3.1 2.63 2.57

2010 Census 3.08 2.6 2.55Growth 2018-2023 0.06% 0% -0%Growth 2015-2018 0.43% 0.52% 0.29%Growth 2010-2015 0.52% 1.22% 0.89%

HouseholdsHouseholds

Average Household SizeAverage Household Size




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Family Households 4,949 31,728 68,945Married-couple

family2,897 19,725 43,658

With ownchildren

under 18years

1,649 9,585 19,450

No ownchildren

under 18years

1,248 10,140 24,208

MaleHouseholder:

no wife present677 3,664 6,941

With ownchildren

under 18years

325 1,762 3,459

No ownchildren

under 18years

352 1,902 3,482

FemaleHouseholder:no husband

present

1,375 8,339 18,346

With ownchildren

under 18years

857 5,206 11,181

No ownchildren

under 18years

518 3,133 7,165

NonfamilyHouseholds

2,741 25,177 47,995

1 Personhouseholds

2,161 19,790 37,978

2+ Unrelatedpeople

580 5,387 10,017

Total Households 7,690 56,905 116,940


Family HouseholdsMarried-couplefamily

With ownchildrenunder 18yearsNo ownchildrenunder 18years

MaleHouseholder:no wife present


FemaleHouseholder:no husbandpresent


NonfamilyHouseholds

1 Personhouseholds2+ Unrelatedpeople

64% 56% 59%

38% 35% 37%

21% 17% 17%

16% 18% 21%

9% 6% 6%

4% 3% 3%

5% 3% 3%

18% 15% 16%

11% 9% 10%

7% 6% 6%

36% 44% 41%

28% 35% 32%

8% 9% 9%

Households by Household Type and Size and Presence of ChildrenHouseholds by Household Type and Size and Presence of Children (2018 Estimate)




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Less than $25,000 2,539 18,716 35,027$25,000 to $49,999 2,708 18,288 36,388$50,000 to $74,999 1,353 10,096 22,056$75,000 to $99,999 683 5,369 11,950

$100,000 to$124,999

232 2,120 5,358

$125,000 to$149,999

88 929 2,608

$150,000 to$199,999

64 683 2,096

$200,000 or more 23 704 1,457Total Households 7,690 56,905 116,940

Average HouseholdIncome

$42,403.11 $45,860.99 $50,256.52

Median HouseholdIncome

$36,517.14 $39,351.47 $42,815.87


Less than $25,000$25,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 to$124,999$125,000 to$149,999$150,000 to$199,999$200,000 or more

33% 33% 30%

35% 32% 31%

18% 18% 19%

9% 9% 10%

3% 4% 5%

1% 2% 2%

1% 1% 2%

0% 1% 1%


Less than $25,000 2,905 20,357 37,510$25,000 to $49,999 3,127 20,005 39,078$50,000 to $74,999 1,558 10,931 23,587$75,000 to $99,999 777 5,755 12,715

$100,000 to$124,999

264 2,268 5,710

$125,000 to$149,999

101 997 2,781

$150,000 to$199,999

75 724 2,243

$200,000 or more 24 737 1,525Total Households 8,831 61,774 125,149

Average HouseholdIncome

$41,668.99 $46,140.60 $50,223.47

Median HouseholdIncome

$36,368.93 $39,475.51 $42,480.97


Less than $25,000$25,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 to$124,999$125,000 to$149,999$150,000 to$199,999$200,000 or more

33% 33% 30%

35% 32% 31%

18% 18% 19%

9% 9% 10%

3% 4% 5%

1% 2% 2%

1% 1% 2%

0% 1% 1%


2018 Estimate $13,836.98 $17,514.14 $19,347.442015 Estimate $13,725.72 $17,688.05 $19,480.78

Growth 2015-2018 0.81% -0.98% -0.68%


2018 Estimate 4.91% 4.4% 4.1%2015 Estimate 3.7% 3.81% 3.98%

Growth 2015-2018 32.74% 15.69% 3.02%

Households by Household IncomeHouseholds by Household Income (2018 Estimate)

Households by Household IncomeHouseholds by Household Income (2023 Projection)

Per Capita IncomePer Capita Income

Unemployment RateUnemployment Rate




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Labor Force 9,848 71,071 146,588Civilian,

Employed9,368 68,029 140,810

Civilian,Unemployed

480 3,042 5,778

Not in Labor Force 4,964 34,429 70,626Total Population Age

16+14,812 105,500 217,214


Labor ForceCivilian,EmployedCivilian,Unemployed

Not in Labor Force

66% 67% 67%

63% 64% 65%

3% 3% 3%

34% 33% 33%


Agriculture, forestry,fishing and hunting,

mining andconstruction

1,130 6,128 11,560

Manufacturing 1,466 9,576 16,030Wholesale & retail

trade1,791 9,592 20,888

Transportation andwarehousing, and

utilities460 3,581 7,596

Information 93 1,643 3,641Finance, insurance,

real estate andrental and leasing

330 4,070 9,532

Professional,scientific, and

technical services1,108 7,195 14,411

Educational, healthand social services

1,346 14,235 30,755

Arts, entertainment,recreation,

accommodation andfood services

1,038 6,978 13,992

Other services(except public

administration)429 3,535 8,646

PublicAdministration

177 1,496 3,759

Total EmployedCivilian Population

Age 16+9,368 68,029 140,810


Agriculture, forestry,fishing and hunting,mining andconstructionManufacturingWholesale & retailtradeTransportation andwarehousing, andutilitiesInformationFinance, insurance,real estate andrental and leasingProfessional,scientific, andtechnical servicesEducational, healthand social servicesArts, entertainment,recreation,accommodation andfood servicesOther services(except publicadministration)PublicAdministration

12% 9% 8%

16% 14% 11%

19% 14% 15%

5% 5% 5%

1% 2% 3%

4% 6% 7%

12% 11% 10%

14% 21% 22%

11% 10% 10%

5% 5% 6%

2% 2% 3%


Vacant HousingUnits

357 7,278 17,345

Occupied HousingUnits

7,690 56,905 116,940

Owner-Occupied

3,959 28,786 66,413

Renter-Occupied

3,731 28,119 50,527

Total Housing Units 8,047 64,183 134,285


Vacant HousingUnitsOccupied HousingUnits

Owner-OccupiedRenter-Occupied

4% 11% 13%

96% 89% 87%

49% 45% 49%

46% 44% 38%

Population Age 16+ By Employment StatusPopulation Age 16+ By Employment Status (2018 Estimate)

Employed Civilian Population Age 16+ by IndustryEmployed Civilian Population Age 16+ by Industry (2018 Estimate)

Housing Units by TenureHousing Units by Tenure (2018 Estimate)




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costar ah - report€¦ · $259,000 for sale prepared on apr 24, 2019 on mrcie prepared by david...

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