Park Island Square

Grand Island , Nebraska
Fresh Thyme GalHomeGoods GalPF GalGI LRGI LL

Offering Highlights

Complete renovation executed by premier developer The Staenberg Group. Features new leases with Fresh Thyme, HomeGoods, Planet Fitness and Central NE Rehab. Potential upside with two vacant suites and one undeveloped outlot.

Grand Island is a County Seat and hosts the Nebraska State Fair. Property occupies a prime position in the US 281 regional trade zone. The subject benefits from an expansive draw - over 300,000 consumers, 33 counties and 8,000 square miles. Strong demographics.

Long term leases - 2028 anchor weighted average term. High end physical features with roof warranty into 2031. Acquisition pricing below replacement cost. Potential CAGR of 3.1%.
Status: In the Market

Marketing Team

John May
o: (630) 990-7979
c: (630) 379-4500
john@mayre.com
Chris LaBounty
o: (630) 990-7997
c: (630) 263-2603
chris@mayre.com