Five-Unit Retail Center in Omaha Changes Ownership

Five-Unit Retail Center in Omaha Changes Ownership
Five-Unit Retail Center in Omaha Changes Ownership

**Five-Suite Retail Plaza in Omaha Trades Hands for $2.4M**

Marcus & Millichap has successfully completed the sale of Stonegate Plaza, a five-suite retail strip located in Omaha, Nebraska, for $2.4 million.

Stonegate Plaza spans 13,648 square feet and is fully leased. The retail center is anchored by Sherwin-Williams, which has been a tenant at the property for over 20 years.

“We received strong interest in Stonegate Plaza, with multiple offers submitted,” said Austin Sweet, Senior Associate at Marcus & Millichap. “The seller ultimately chose a local investor who is deeply familiar with the Omaha market. With retail vacancy at historic lows, investor demand remains exceptionally high, and we expect this property to continue performing well as a stable, service-oriented center.”

Sweet, along with Chris Garavaglia and Alex Perez—investment specialists from Marcus & Millichap’s St. Louis office—exclusively represented the seller, a North Dakota-based investment group.

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About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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