Mahogany Prime Steakhouse – Omaha, Ne

225 North 145th Street, Omaha, NE

$6,986,000

Price

6.5%

Cap Rate

$454,082

NOI

Overview
Cap Rate
6.5%
NOI
$454,082
Building Size
7,829 sqft
Lot Area
1.98 acres
Occupancy
100%
Lease Type
Absolute Net
Year Built
2024
Zoning
C
Tenancy
Single
Lease Expire Year
02/28/2039
Description

Mahogany is a Brand new 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years. Build-to-suit as the Premier Steakhouse in the State of Nebraska with Class “A” construction and high-end Tenant finishes! Subject Property is a relocation of successful (outdated) location. The Tenant, Charleston’s Restaurant Group, Inc. is a multi-brand operator with over 85 locations in 7 states across the Midwest. It is A multifaceted, mixed-use 500-acre development featuring 430 units of Single Family Homes, an upscale 1,630-Unit Multi-Family Residential, 300 units of Assisted Living; a 300-room hotel; 80 acres devoted to green space; 8 miles of bike paths & open trails; over 10,000 newly planted trees.

The Asset is Located in the exciting new Heartwood Preserve - this free-standing building is positioned on a large ±1.98-acre lot, just west of N 144th St where traffic counts exceed 27,980 CPD! Just south of W Dodge R d where traffic counts exceed 120,510 CPD! Nearby retailers include Costco, Target, Walmart, Menards, Lowe’s, Home Depot, Sam’s Club, Scheels, Kohl’s, Hobby Lobby, The Container Store, Nebraska Furniture Mart, T.J. Maxx & HomeGoods, Ross, Old Navy, Sierra, Dick’s Sporting Goods, Von Maur, Ulta Beauty, Best Buy, Michaels, Office Depot, Petco, PetSmart, Floor & Decor, World Market, ALDI, Bakers, Hy- Vee, Whole Foods, AMC Theatres, and Marcus Theatres. It is 5 miles from Nebraska Methodist College - a private, not-for-profit nursing & health care college with 1,082 students; 8 miles from University of Nebraska Omaha - a public research university offering over 270 undergraduate, graduate degrees, & certificates with total enrollment of 15,058; 4 miles from CHI Health Lakeside - West Omaha’s only full-service hospital specializing in cancer, orthopedics, maternity and 24/7 emergency care with 157 beds; 5 miles from Methodist Women’s Hospital - the region’s only medical campus dedicated to women’s health with 153 beds.

Highlights
  • Brand new 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years. Build-to-suit as the Premier Steakhouse in the State of Nebraska with Class “A” construction and high-end Tenant finishes! Subject Property is a relocation of successful (outdated) location.
  • Charleston’s Restaurant Group, Inc. is a multi-brand operator with over 85 locations in 7 states across the Midwest
  • A multifaceted, mixed-use 500-acre development featuring 430 units of Single Family Homes, an upscale 1,630-Unit Multi-Family Residential, 300 units of Assisted Living; a 300-room hotel; 80 acres devoted to green space; 8 miles of bike paths & open trails; over 10,000 newly planted trees
  • Located in the exciting new Heartwood Preserve - this free-standing building is positioned on a large ±1.98-acre lot, just west of N 144th St where traffic counts exceed 27,980 CPD! Just south of W Dodge R d where traffic counts exceed 120,510 CPD!
  • Affluent 2023 Demographics: 2023 Population 248,164 & 2023 Average Household Income $151,187
  • According to BLS (September 2023), Nebraska’s rate at 2.1% | Omaha-Council Bluffs rate at 2.3% | National unemployment rate at 3.8%
Documents
Title
Offering Memorandum
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Location
Gallery