Prime Commercial Lots at the Center of Papillion's Growth.
Oak Leaf Commercial - Zone 1 Papillion, NE COMMERCIAL MIXED USE
72ND & CAPEHART RD
Exceptional investment opportunity at 72nd and Capehart Rd in Papillion, Nebraska, offering prime parcels of land designated for Oak Leaf Zone 1 Mix Use development. With a variety of lot sizes and competitive pricing, these properties present an unparalleled chance to capitalize on the burgeoning commercial and mixed-use market in one of Nebraska's most promising locations.
Oak Leaf Pad Sites – Papillion, NE
MARKET OVERVIEW
The Oak Leaf development is strategically located in the high-performing Sarpy East retail submarket. This area continues to show strong economic indicators, including a current retail vacancy rate of just 4.4%, down 0.8% from the previous year—evidence of a tightening market and growing demand.
Over the past 12 months, Sarpy East has seen 84,000 SF of positive absorption and 22,000 SF of net new deliveries. During the same period, rental rates have increased by 4.8%, now averaging $17.60/SF. With limited new construction on the horizon, this trend is expected to persist.
Sarpy East’s total retail inventory spans 7.5 million SF, including a wide mix of general retail buildings, power centers, and neighborhood centers. Oak Leaf contributes over 800,000+ SF of mixed-use development, strategically positioned to benefit from these market dynamics.
With retail rents growing 17.0% over the past three years—outpacing the Omaha metro’s 14.8% average—Oak Leaf offers an unmatched opportunity for retailers looking to grow in an area with increasing demand and strong rental fundamentals.
SITE HIGHLIGHTS
Pad sites zoned Mixed-Use and Commercial
Directly adjacent to:
500+ new single-family homes by D.R. Horton
611 multi-family units by Hoppe & Sons
New Springfield Elementary School
Prime hard-corner exposure at 72nd Street and Capehart Road
Just 15 minutes from Offutt Air Force Base
Surrounded by strong national retailers and restaurants, including:
Hy-Vee, HomeGoods, ULTA, PetSmart, Barnes & Noble (coming soon), Old Navy, Victoria’s Secret, Ross, TJ Maxx, Carhartt, Skechers, Sally Beauty, JCPenney
Dining destinations like Buffalo Wild Wings, Olive Garden, Texas Roadhouse, Early Bird, Ika Ramen, and more
Located within a rapidly growing trade area near Shadow Lake Town Center
The commercial parcels at Oak Leaf are exclusively listed with our partner, KW Commercial Chris Nielsen, CCIM PRO For full specifications, pricing, and to schedule a showing, please contact their team.
