Kohl's - Grand Island, NE
Low-Rent ($7 PSF) | Strong-Performing Kohl’s | ABS NNN | Grocery-Shadow Anchored
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 68,724 SF Kohl’s located at 221 Wilmar Boulevard in Grand Island, Nebraska. The property features exceptionally low rent of approximately $7 PSF, well below the market average of $12 PSF per CoStar, along with a landlord-friendly Absolute Net (NNN) Lease with approximately 9 years remaining, backed by a secure corporate guarantee, creating a strong and stable investment opportunity.
Investment highlights
Exceptionally low rent opportunity of $7 PSF, well below market rent (approximately $12 PSF according to CoStar).
Limited competition, with no other Kohl’s within a 42-mile radius.
Strong performer, as the Grand Island location ranked in the 72nd percentile in 2025 (per Alphamaps.com).
Attractive lease structure, with 9 years remaining on a landlord-friendly Absolute Net (NNN) Lease and a secure corporate guarantee.
Strategically located, shadow-anchored by a dominant-performing Hy-Vee grocery store, a top-five grocery store in the state of Nebraska.
Smaller footprint location of 68,724 SF, easier to backfill in the unlikely event of Kohl’s departing.
Well-positioned in a densely populated area, with 51,424 residents within a 5-mile radius, located at the west end-cap of the Grand Corners retail development.
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