Sorenson Park Plaza

West Omaha, Sarpy and Nebraska metro counties.

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choke
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Re: Sorenson Park Plaza

Postby choke » Sat Apr 30, 2016 7:44 am

swinquest wrote:
GetUrban wrote:I noticed heavy equipment moving dirt on the outlot south of Burger king and north of Panda Express at Sorenson Park Plaza. No signs yet, but maybe it's the rumored Chick-Fil-A starting construction. :banana:


Not a Chick-Fil-A so I would prefer to see something else go here. This development is still in major need of help.


I have heard Chick-Fil-A was going to build in this area some time ago. This is fine with me. I live over here and I like Chick-Fil-A now and then. Better than KFC by a long shot.

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Re: Sorenson Park Plaza

Postby bbinks » Sun May 01, 2016 2:10 pm

Building permit is for a Chick-Fil-A


https://www.omahapermits.com/PermitInfo ... nspection=

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Uffda
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Re: Sorenson Park Plaza

Postby Uffda » Sun May 01, 2016 9:27 pm

bbinks wrote:Building permit is for a Chick-Fil-A


https://www.omahapermits.com/PermitInfo ... nspection=



:banana: :banger: :yes:

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GetUrban
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Re: Sorenson Park Plaza

Postby GetUrban » Wed Jul 06, 2016 12:49 pm

Looked like the framing crew was finally there this morning to start framing-up the Chick-Fil-A at Sorenson Park Plaza. It's just been a concrete slab with utilities stubbed up for the last month or so...
He said "They are some big, ugly red brick buildings"
...and then they were gone.

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Re: Sorenson Park Plaza

Postby GRANDPASMUCKER » Wed Jul 06, 2016 3:28 pm

GetUrban wrote:Looked like the framing crew was finally there this morning to start framing-up the Chick-Fil-A at Sorenson Park Plaza. It's just been a concrete slab with utilities stubbed up for the last month or so...



I ate at the Golden Coral in this shopping center last Friday. I had heard that this place was slipping fast and it appeared to be the case. I was there at 12:30 on a Friday before a holiday weekend and there was no line and the place was 1/4 full at best. Friends of mine who live out there in the hood have been telling me for months that this Golden Coral is being poorly ran as of late and its true.

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Re: Sorenson Park Plaza

Postby swinquest » Wed Jul 06, 2016 10:03 pm

GRANDPASMUCKER wrote:
GetUrban wrote:Looked like the framing crew was finally there this morning to start framing-up the Chick-Fil-A at Sorenson Park Plaza. It's just been a concrete slab with utilities stubbed up for the last month or so...



I ate at the Golden Coral in this shopping center last Friday. I had heard that this place was slipping fast and it appeared to be the case. I was there at 12:30 on a Friday before a holiday weekend and there was no line and the place was 1/4 full at best. Friends of mine who live out there in the hood have been telling me for months that this Golden Coral is being poorly ran as of late and its true.


I will have to agree with you. We have noticed that service has gone way down. There are a few times where the parking lot is full, but I doubt that we will eat at this location again.

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Re: Sorenson Park Plaza

Postby bbinks » Mon Jul 11, 2016 8:30 am

swinquest wrote:
GRANDPASMUCKER wrote:
GetUrban wrote:Looked like the framing crew was finally there this morning to start framing-up the Chick-Fil-A at Sorenson Park Plaza. It's just been a concrete slab with utilities stubbed up for the last month or so...



I ate at the Golden Coral in this shopping center last Friday. I had heard that this place was slipping fast and it appeared to be the case. I was there at 12:30 on a Friday before a holiday weekend and there was no line and the place was 1/4 full at best. Friends of mine who live out there in the hood have been telling me for months that this Golden Coral is being poorly ran as of late and its true.


I will have to agree with you. We have noticed that service has gone way down. There are a few times where the parking lot is full, but I doubt that we will eat at this location again.


Wasn't the whole premise of closing 90th & Boyd was to get better market on Sorenson?

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Re: Sorenson Park Plaza

Postby GRANDPASMUCKER » Mon Jul 11, 2016 9:38 am

bbinks wrote:
swinquest wrote:
GRANDPASMUCKER wrote:
GetUrban wrote:Looked like the framing crew was finally there this morning to start framing-up the Chick-Fil-A at Sorenson Park Plaza. It's just been a concrete slab with utilities stubbed up for the last month or so...



I ate at the Golden Coral in this shopping center last Friday. I had heard that this place was slipping fast and it appeared to be the case. I was there at 12:30 on a Friday before a holiday weekend and there was no line and the place was 1/4 full at best. Friends of mine who live out there in the hood have been telling me for months that this Golden Coral is being poorly ran as of late and its true.


I will have to agree with you. We have noticed that service has gone way down. There are a few times where the parking lot is full, but I doubt that we will eat at this location again.


Wasn't the whole premise of closing 90th & Boyd was to get better market on Sorenson?



Golden Corals are franchises and I'm pretty sure these 2 locations were not owned by the same entity. A better market sure was not going to be obtained by moving further East from 90th. A better market would of been 156th & Maple or 180th & Center.

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Re: Sorenson Park Plaza

Postby GetUrban » Mon Jul 11, 2016 12:03 pm

I've never eaten at a Golden Corral, so I can't comment on the service or quality of food. The Panda Express at Sorenson went through a phase where service and quality dropped significantly for a few months. It would take 15 minutes to get through the drive-through. But they seem to have worked through whatever staffing/management problems they were having and have improved dramatically, recently.

I drive-by that stretch of 72nd every day and am always surprised how many people are at Golden Corral....it's kind of like the WalMart of casual dining I guess. I'll have to see if it looks any less crowded now.

People east of 90th Street have to eat too, so I think there will always be a market at places like Sorenson Park Plaza.
He said "They are some big, ugly red brick buildings"
...and then they were gone.

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Re: Sorenson Park Plaza

Postby Omaha Cowboy » Mon Jul 11, 2016 12:20 pm

GetUrban wrote:I drive-by that stretch of 72nd every day and am always surprised how many people are at Golden Corral....it's kind of like the WalMart of casual dining I guess.


Interesting choice of words there. This remark made me smile because I have a friend who ALWAYS references Cheddar's as the "Walmart of casual dining".. True story :) ...

Ciao..LiO...Peace
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Re: Sorenson Park Plaza

Postby GetUrban » Mon Jul 11, 2016 12:54 pm

Omaha Cowboy wrote:
GetUrban wrote:I drive-by that stretch of 72nd every day and am always surprised how many people are at Golden Corral....it's kind of like the WalMart of casual dining I guess.


Interesting choice of words there. This remark made me smile because I have a friend who ALWAYS references Cheddar's as the "Walmart of casual dining".. True story :) ...

Ciao..LiO...Peace


I didn't mean it as a slam of people who like to eat there....just an observation of the popularity. I hope they are able to turn things around, as I'd hate to see another business fail at that location. They already lost Applebees and Office Max/Depot. I think Chick-Fil-A will do well there. Some people's perceptions of the general area, as being as place to avoid, are way off base in my opinion.
He said "They are some big, ugly red brick buildings"
...and then they were gone.

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Re: Sorenson Park Plaza

Postby Omaha Cowboy » Mon Jul 11, 2016 2:23 pm

GetUrban wrote:
Omaha Cowboy wrote:
GetUrban wrote:I drive-by that stretch of 72nd every day and am always surprised how many people are at Golden Corral....it's kind of like the WalMart of casual dining I guess.


Interesting choice of words there. This remark made me smile because I have a friend who ALWAYS references Cheddar's as the "Walmart of casual dining".. True story :) ...

Ciao..LiO...Peace


I didn't mean it as a slam of people who like to eat there....just an observation of the popularity.


I've eaten at both places and I wasn't offended, lol. I just have a buddy who uses the exact same wording to describe Cheddar's.. He can't stand that place for whatever reason..

In all seriousness, I think you're correct. Sorenson gets a bad rap and it is unfair.. Especially for a development that is still relatively new. I remember the early days of this forum when the development was rounding out its completion; and we discussed how positive a development it was (and is) for an under-served area of the city..

In addition, I also think the Chick Fil A will crush at this location..as it has everywhere else in the metro...

Ciao..LiO...Peace
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Re: Sorenson Park Plaza

Postby Uffda » Tue Jul 12, 2016 6:57 am

GetUrban wrote:
I didn't mean it as a slam of people who like to eat there....just an observation of the popularity. I hope they are able to turn things around, as I'd hate to see another business fail at that location. They already lost Applebees and Office Max/Depot. I think Chick-Fil-A will do well there. Some people's perceptions of the general area, as being as place to avoid, are way off base in my opinion.


Yes I don't know why people think that either. I have lived just off 78th and Sorensen since the fall of 2003 and this area has grown with the new housing just to the west. I will say I have never eaten at the Golden Corral or gone to the movie theater but I have visited the stores.

I have been surprised not much has filled in the buildings in the middle of the parking lot. And I was surprised AppleBees boarded up the building.

Looking forward to Chick Fil A opening up and will agree Panda Express seems to have improved their service (although I don't do the drive thru).

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Re: Sorenson Park Plaza

Postby GRANDPASMUCKER » Tue Jul 12, 2016 7:11 am

Uffda wrote:
GetUrban wrote:
I didn't mean it as a slam of people who like to eat there....just an observation of the popularity. I hope they are able to turn things around, as I'd hate to see another business fail at that location. They already lost Applebees and Office Max/Depot. I think Chick-Fil-A will do well there. Some people's perceptions of the general area, as being as place to avoid, are way off base in my opinion.


Yes I don't know why people think that either. I have lived just off 78th and Sorensen since the fall of 2003 and this area has grown with the new housing just to the west. I will say I have never eaten at the Golden Corral or gone to the movie theater but I have visited the stores.

I have been surprised not much has filled in the buildings in the middle of the parking lot. And I was surprised AppleBees boarded up the building.

Looking forward to Chick Fil A opening up and will agree Panda Express seems to have improved their service (although I don't do the drive thru).


Ive been told the shop lifting problem at Big Lots is atrocious and may be unsustainable at current levels.

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Re: Sorenson Park Plaza

Postby GetUrban » Tue Jul 12, 2016 9:04 am

At least the Target seems to be doing well enough. It's not as busy as the 72nd & Dodge one, but Sorenson is so much easier to get in and out of that it's worth the time to go there if you live up that way. What they really need at Sorenson Park Plaza is a new HyVee. That would help boost the other businesses so people could combine shopping trips in one center. I don't think it gets enough traffic to work for HyVee though. 15K cars/day at 72nd/Sorenson, IIRC.

Chick-Fil-A was all sheathed-in yesterday...coming together real fast now.
He said "They are some big, ugly red brick buildings"
...and then they were gone.

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Re: Sorenson Park Plaza

Postby Coyote » Thu Sep 15, 2016 6:01 pm

Auction
Starting Bid: $2,500,000
Bidding: This property will be auctioned on 09/21/2016 9:00 AM PST
Auction Location: Ten-X.com

Investment Highlights:
• 178,686 SF, 77% Occupied, Target Shadow-Anchored Center in Omaha, NE
• Anchored by Marshalls, Big Lots, PetSmart, & Party City which Combine for 47% of GLA
• Significant Upside Through Leasing 40,814 SF Vacancy at Market Rates
• Includes 3 Developable Outparcels with Excellent Street Frontage Plus 5.79 Acre Site in Front of Theater
• TIF In Place Through 2019 with Estimated TIF Income of $2,712,732 for 2017-2019 (See Page 23)
• Potential to Develop 70,000 SF of Inline GLA Between PetsSmart and Allstate Insurance
• Forecasted Population Growth of 8.4% in 1-Mi by 2019
• Occupied by Several Other National Retailers including Famous Footwear, Rue21, Allstate, US Armed Forces, Sally Beauty, and H&R Block
• Projected Original Project Cost of $48,000,000; Currently Assessed Upwards of $20,500,000
• Many Leases Currently on Cheap Percentage Rent Deals Allowing for Future Rent Growth Once Stabilized
• Ability to Increase PetSmart Annual Rent to $290,261 via Developing 40,000 SF of Inline Space Adjacent to PetSmart (PetSmart Base Rent Currently Abated, Still Paying NNN’s)
• Dense Trade Area: 9,000 Residents in 1-Mi, 77,000 in 3-Mi, & 195,000 in 5-Mi
• Nearly All Current Tenants Reimburse for NNN Expenses
• Newer Roofs with Warranties Still In Place
• 19,430 Cars/Day at N 72nd Plaza & Crown Pointe Ave
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Re: Sorenson Park Plaza

Postby Uffda » Thu Sep 15, 2016 7:36 pm

Interesting

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Re: Sorenson Park Plaza

Postby choke » Thu Sep 15, 2016 8:56 pm

Don't know if that is bad or good. They are finally starting to grade the land off of 52nd and Sorenson. I though things were gonna be looking up for my area. I hope Sorenson Plaza can sustain.

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Re: Sorenson Park Plaza

Postby Coyote » Sat Sep 17, 2016 10:39 am

Sorenson Park Plaza is presently owned by Kimco Realty out of New Hyde Park, NY, which developed Metro Crossing in Council Bluffs, which was just bought in July by Pine Tree out of Northbrook, IL. Looking at their profile, they look healthy surviving the 2009 depression when the bottom fell out of the commercial real estate market

image.jpeg
image.jpeg (49.41 KiB) Viewed 1114 times


So my guess is that they are divesting in the Omaha/Council Bluffs area, as they announced last month:

Kimco’s Q2 marked another step toward our 2020 Vision. Our strategy continues to rely on quality assets with long and short-term growth in key demographic areas. Over the first half of 2016, Kimco reduced joint ventures and non-core market ownership while strengthening our U.S. portfolio through key acquisitions as well as development and redevelopment projects.
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Re: Sorenson Park Plaza

Postby OmahaJaysCU » Sun Sep 18, 2016 10:58 am

That and a bunch of the leases roll over soon and it won't be pretty when most don't renew.

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Re: Sorenson Park Plaza

Postby DaPho84 » Tue Jan 24, 2017 4:22 pm

choke wrote:Don't know if that is bad or good. They are finally starting to grade the land off of 52nd and Sorenson. I though things were gonna be looking up for my area. I hope Sorenson Plaza can sustain.


Any clue what's going in there? Maybe it's school related, but I hope it's food related. We need more family restaurants. Applebee's needs to reopen. Cheddar's would be awesome. Cheaper food would go over well!

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Re: Sorenson Park Plaza

Postby DaPho84 » Tue Jan 24, 2017 4:24 pm

With Shopko closing, Gorman's should move into Sorensen Plaza and bring their business there helping it become a destination location.

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Re: Sorenson Park Plaza

Postby choke » Tue Jan 24, 2017 6:07 pm

DaPho84 wrote:
choke wrote:Don't know if that is bad or good. They are finally starting to grade the land off of 52nd and Sorenson. I though things were gonna be looking up for my area. I hope Sorenson Plaza can sustain.


Any clue what's going in there? Maybe it's school related, but I hope it's food related. We need more family restaurants. Applebee's needs to reopen. Cheddar's would be awesome. Cheaper food would go over well!


i think it's a Family Dollar and retirement living.

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Re: Sorenson Park Plaza

Postby choke » Tue Jan 24, 2017 6:08 pm

DaPho84 wrote:With Shopko closing, Gorman's should move into Sorensen Plaza and bring their business there helping it become a destination location.


Gordman's is right behind Shopko. I don't think they got their stocks above a dollar.

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Re: Sorenson Park Plaza

Postby bbinks » Tue Jan 24, 2017 9:43 pm

choke wrote:
DaPho84 wrote:With Shopko closing, Gorman's should move into Sorensen Plaza and bring their business there helping it become a destination location.


Gordman's is right behind Shopko. I don't think they got their stocks above a dollar.


This past Saturday, at 2pm, Gordmans maybe had 10 cars in their lot at the 90th store. No way that store runs a green margin.

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Re: Sorenson Park Plaza

Postby Uffda » Tue Jan 24, 2017 10:30 pm

bbinks wrote:
choke wrote:
DaPho84 wrote:With Shopko closing, Gorman's should move into Sorensen Plaza and bring their business there helping it become a destination location.


Gordman's is right behind Shopko. I don't think they got their stocks above a dollar.


This past Saturday, at 2pm, Gordmans maybe had 10 cars in their lot at the 90th store. No way that store runs a green margin.



Gordmans has let that one go for years. Anytime I have gone on there they had less merchandise than any of the others.

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Re: Sorenson Park Plaza

Postby bbinks » Wed Jan 25, 2017 7:22 am

Uffda wrote:
bbinks wrote:
choke wrote:
DaPho84 wrote:With Shopko closing, Gorman's should move into Sorensen Plaza and bring their business there helping it become a destination location.


Gordman's is right behind Shopko. I don't think they got their stocks above a dollar.


This past Saturday, at 2pm, Gordmans maybe had 10 cars in their lot at the 90th store. No way that store runs a green margin.



Gordmans has let that one go for years. Anytime I have gone on there they had less merchandise than any of the others.


Standard business model. Keep it around as long as its losses help the balance sheet enough to justify keeping it there. That BK on 103rd and Blair HWY is about the same.

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Re: Sorenson Park Plaza

Postby Coyote » Mon Mar 06, 2017 9:37 pm

I think the Applebee's in Sorensen has closed its doors.
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Re: Sorenson Park Plaza

Postby choke » Mon Mar 06, 2017 9:54 pm

Coyote wrote:I think the Applebee's in Sorensen has closed its doors.


Those doors have been closed now for over a year.

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Re: Sorenson Park Plaza

Postby Coyote » Mon Mar 06, 2017 9:59 pm

choke wrote:
Coyote wrote:I think the Applebee's in Sorensen has closed its doors.


Those doors have been closed now for over a year.


I don't get up there too often.
Uffda recently asked me about 87th & Sorensen and I presumed he meant 60th.
All Star Storage is building there...
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Re: Sorenson Park Plaza

Postby Uffda » Tue Mar 07, 2017 6:09 am

Coyote wrote:
choke wrote:
Coyote wrote:I think the Applebee's in Sorensen has closed its doors.


Those doors have been closed now for over a year.


I don't get up there too often.
Uffda recently asked me about 87th & Sorensen and I presumed he meant 60th.
All Star Storage is building there...


LOL. Yeah there's not much in my neighborhood except the stores closing. Shopkeepers , gordmans and there is a rumor going around that the Bakers on N 90th is closing also. Although some say it will be remodeled.

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Re: Sorenson Park Plaza

Postby Coyote » Fri Jul 28, 2017 4:37 pm

Across 72nd St. north of Walgreens and Sherwin Williams will be a 3077 sq. ft. ATI Physical Therapy building.
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Re: Sorenson Park Plaza

Postby Uffda » Fri Jul 28, 2017 10:01 pm

Coyote wrote:Across 72nd St. north of Walgreens and Sherwin Williams will be a 3077 sq. ft. ATI Physical Therapy building.


Between Sherwin williams and the FCU or north of the Heartland Area FCU

https://www.google.com/maps/place/N+72nd+St+%26+Sorensen+Pkwy,+Omaha,+NE+68122/@41.3146652,-96.0247713,475m/data=!3m1!1e3!4m5!3m4!1s0x87939255db9a107f:0xa3db4beff20f7a3f!8m2!3d41.3193162!4d-96.0239615


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