1107 Grundman Boulevard

1107 Grundman Boulevard, Nebraska City, NE 68410

  • For Sale $900,000
  • Property Type Retail - Freestanding
  • Property Size 17,000 SF
  • Lot Size 1.64 Acre
  • Property Tenancy Single Tenant
  • Year Built 2004
  • Date Updated Aug 25, 2025
Prime location along Grundman Boulevard, a major commercial corridor in Nebraska CityThe Westlake Ace Hardware located at 1107 Grundman Blvd presents a single-tenant investment opportunity in Nebraska City, Nebraska. The property is leased to a long-standing hardware retailer, providing stable income with a strong national brand. Current rent is below market, offering investors attractive upside potential with the scheduled option to increase rent in 2029. Situated in a high-traffic retail corridor with strong local and regional demand drivers, the property combines consistent tenancy with long-term redevelopment and value-add potential. This asset is well-suited for investors seeking durable cash flow today with built-in growth for the future.
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Highlights

  • Ability to increase to market rate rent in 2029
  • Attractive investment with long-term repositioning and/or redevelopment potential
  • Priced at a fraction of replacement cost ($52.94 PSF)
  • Single-tenant lease to Westlake Ace Hardware
  • Stable income stream backed by a nationally recognized brand
  • Well-maintained retail building on a highly visible site

Contacts

broker
Colleen Mason

Oak Investment Real Estate

Location

Getting Around

  • Walk Score ®

    48/100 Car-Dependent

  • Bike Score ®

    28/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Nebraska City, NE
  • Zip Code 68410

Points of Interest

  • Phillips 66

    0.26 miles

  • ChargePoint

    0.29 miles

  • Casey's General Store

    0.90 miles

  • Kwik Shop

    0.99 miles

  • Shell

    1.06 miles

  • Arbor Mart

    1.26 miles

  • Boats, etc.

    0.83 miles

  • Camp Woodmen

    1.02 miles

  • Park

    1.31 miles

  • Park Picnic

    1.34 miles

  • Wildwood

    1.41 miles

  • Taco Bell

    0.06 miles

  • Dairy Queen

    0.17 miles

  • Taco John's

    0.19 miles

  • Valentino's

    0.22 miles

  • Subway

    0.27 miles

  • El Portal

    0.30 miles

  • Arby's

    0.30 miles

  • McDonald's

    0.35 miles

  • Pizza Hut

    0.40 miles

  • Runza

    0.87 miles

  • Fareway

    0.17 miles

  • Norman's IGA

    0.18 miles

  • Walmart Grocery

    0.21 miles

  • Walmart Supercenter

    0.21 miles

Frequently Asked Questions

How much does 1107 Grundman Boulevard cost?

The space currently listed for sale at 1107 Grundman Boulevard asks for $900,000.

What is the total square footage of 1107 Grundman Boulevard?

1107 Grundman Boulevard totals 17,000 square feet.

When was this property built?

1107 Grundman Boulevard was built in 2004.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Colleen Mason

Oak Investment Real Estate

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