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27529387
27529391

3949 N 132nd St, Omaha, NE 68164

AF
CA 01806555, TN 382221
Colliers - Los Angeles - Orange County, California
ME
NE 20230628
Colliers - Omaha, Nebraska
MP
NE 20150270
Colliers - Omaha, Nebraska
JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California, Colliers - Omaha, Nebraska
$900,000
237 days on market
Updated 76 days ago

T&A Express - NY Style Deli and Restaurant - 5 Year NNN

Details
APN 0913442014
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,431
Cap Rate 7.82%
NOI $70,336
Occupancy 100%
Tenancy Single
Brand/Tenant T&A Express
Lease Type NNN
Lease Term 5
Lease Expiration 08/31/2030
Remaining Term 4.2
Rent Bumps Yes
Lease Options (1) 5-Year Option
Year Renovated 2025
Buildings 1
Stories 1
Acreage 1.000
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 09/01/2025
Occupancy Date 09/01/2025
Ground Lease No
Ownership Fee Simple

Retail | 7.82% CAP | 3,431 SqFt

Marketing description

The Snyder Carlton National Net Lease Team is pleased to offer for sale a single-tenant deli/restaurant leased to T&A Express, LLC located in Omaha, NE. T&A Express, LLC is a regional operator with three locations throughout the greater Omaha area. The business operates as a New York-style deli and restaurant. They will provide a wide variety of hot and cold food items made fresh to order. T&A Express, LLC has signed a 5-Year NNN lease with 3% annual rent increases.

The property is located at 3949 N 132nd Street in Omaha, NE and benefits from being an outparcel to the Cross County Shopping Center anchored by a Super Target. The 3,431 SF building is situated on a 1.07 acre lot and is equipped with a drive-thru. The building previously operated as a KFC/Long John Silver’s fast-food restaurant. Neighboring retail tenants within the same shopping center include Walgreens, Dairy Queen, Raising Cane’s, McDonald’s, Valvoline Oil Change and Casey’s Gas Station.

In 2024, the previous tenant vacated and the space was re-tenanted by T&A Express, LLC. The prior lessee replaced the HVAC system, repaired the roof, and painted the building.

T&A Express is a bite-sized investment opportunity to own a quality piece of real estate at a sub-one-million-dollar price point. The in-place rent of $70,000 annually is very conservative. Should the tenant not renew in the future, there is strong re-leasing potential for the building.

Investment highlights

  • 3,431 SF Freestanding QSR Building with Drive-Thru

  • Leased to a 4-Unit Regional Store Operator

  • New York-Style Deli & Restaurant Business Concept

    • Serving Hot & Cold Food Items

  • 5-Year NNN Lease with 3.00% Annual Increases

  • 1.07 Acre Lot Size

  • Outparcel to Cross Country Shopping Center

    • Anchored by Super Target

  • Sub $1M Price Point with Strong Cash Flow

  • Over 1 Million Residents in Omaha Metro

    • Ranked on Livability’s Top 100 Places to Live (2025)

    • 15% Higher Average Worker Output in Greater Omaha (Compared to the National Average)

  • 212,600+ Residents within a 5-Mile Radius

  • $133,800+ Average Household Income within a 5-Mile Radius

  • 48,200+ Vehicles per Day at Nearby Intersection of N 132nd St and W Maple Rd

Listing Contacts

AF
CA 01806555, TN 382221
Colliers - Los Angeles - Orange County, California
ME
NE 20230628
Colliers - Omaha, Nebraska
MP
NE 20150270
Colliers - Omaha, Nebraska
JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California, Colliers - Omaha, Nebraska

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,336.00
$5,861.33/mo

Valuation Metrics

0
DSCR
7.82%
Cap Rate
7.82%
ROI

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