For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, Lexington Place is a ±12,260-square-foot Walmart shadow-anchored retail center located at 210 Frontier Street in Lexington, Nebraska (the “Property”). Built in 2005 on ±1.28 acres, the Property includes 67 parking spaces, pylon signage, two access points, and a modern five-suite configuration. The center is approximately 88% occupied based on a stated ±1,400-square-foot vacancy, with in-place tenants including Anytime Fitness, Lei Garden, Blooming Tree, and Heartland Laundry. Existing leases are structured on a triple-net basis with contractual rent increases and an approximately four-year weighted average lease term, supporting predictable cash flow and a projected NOI of approximately $102,635. Lexington Place sits directly adjacent to the only Walmart within a 40-mile radius, creating destination-oriented retail traffic and strong cross-shopping potential. Plum Creek Pkwy carries approximately 12,884 VPD, while nearby I-80 carries more than 18,500 VPD and provides regional access throughout central Nebraska. Within one mile, average household income is approximately $91,815. The vacant suite provides immediate lease-up upside while the existing tenant base and Walmart shadow anchor support continued income stability.
Due Diligence
Location
Lexington is the Dawson County seat and a central Nebraska commercial hub positioned along I-80, U.S. Highway 30, and major rail corridors. Agriculture, food processing, manufacturing, logistics, healthcare, and retail support the local economy, while the city serves surrounding rural communities as a regional destination for shopping, employment, and everyday services.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
