24364 US Highway 275, Waterloo, NE 68069

Investment Opportunity: Elkhorn Valley Acres, Building 3

24364 US Highway 275, Waterloo, NE 68069

This 7,500 SF newly constructed flex building completed in 2025, offers a stabilized, low-maintenance investment opportunity in the booming West Omaha/Elkhorn corridor. Developed by the Red Dog Building Group, this property is 100% occupied by a single tenant in the thriving youth sports industry, making it an ideal candidate for a 1031 Exchange.

Financial & Investment Highlights

• Price: $1,800,000 (6.69% Cap Rate)

• Status: 100% Occupied by a single tenant.

• Net Operating Income (NOI): $120,361.

• Growth: Lease includes 3% annual rent increases, ensuring consistent revenue growth.

• Efficiency: Brand new construction with builder warranties and minimal landlord responsibilities; the tenant manages all interior maintenance, including HVAC.

Location & Visibility

Strategically located at 244th and Maple, this property sits in a high-traffic regional hub with unmatched accessibility:

• Traffic Volume: 24,705 vehicles per day.

• Accessibility: Prominent visibility and easy access directly from Highway 275.

• Proximity: Located just five minutes west of the landmark Elkhorn water tower in a rapidly expanding commercial zone.

Building Specifications

Designed for long-term durability and future-proof flexibility, the facility features high-end industrial specs:

• Construction: Full-span, pre-engineered metal building with a maintenance-free exterior.

• Versatility: While currently single-tenant, the building is easily demisable into 5 separate bays, each with rough-in plumbing for restrooms and independent metering.

• Functional Features: 17’ clear heights, energy-efficient systems, and 12' x 14' glass garage doors with automatic openers.

• Amenities: Fully heated and cooled with modern ADA-compliant restrooms and excellent natural lighting.

The Red Dog Advantage

Built by the Red Dog Building Group, this asset is part of a "Built to Thrive" philosophy. By utilizing vertical integration and superior craftsmanship, Red Dog creates professional environments that support business growth while providing investors with high-quality, stabilized assets that require very low capital expenditure (CapEx).