Infinity Industrial Center Building III

Papillion, NE • New Industrial Warehouse • $30.4M Total Project Cost • $7.6M Equity

Infinity Industrial Center Building III is a Class A industrial building located within the rapidly-growing Sarpy West submarket of Omaha, Nebraska. The building is part of a 10-building, 156-acre industrial park and offers market-leading features including 32’ clear heights, ESFR sprinklers, and 2500 amp electrical (480V – 3 Phase). Building III will build upon the success of Building I, which was delivered to the market 100% pre-leased upon completion in fall of 2025. Quick and convenient access to I-80 will make this project particularly enticing to distribution and logistics tenants.

10 Year Target Returns:*

IRR: 16.78% • Cash on Cash: 9.13% • Equity Multiple: 3.59

Rendering of a large industrial building (Infinity Industrial Center Building III) with a modern gray facade, surrounded by open green space and a sign reading “Infinity Logistics Center."

Project Overview

Property
Infinity Industrial Center – Building III
Address
NWC of Sunburst Drive & 156th Street
City, State
Papillion, NE
County
Sarpy County
Product Type
Industrial
Construction Type
Wood Precast Concrete
Site Size
14.67 acres
Construction Start
Q2 2026
Completion

Q1 2027

Developer
Hubbell Development Services, LLC
General Contractor
Hubbell Construction Services
Management
Hubbell Commercial Property Management

Summary Of Returns

9.13%
Cash on Cash (7-Year Stabilized Avg.)
16.78%
IRR (10-Year Hold Position)

3.59x

Equity Multiple with Sale Year 10

20.65%

IRR (5-Year Hold Period)

2.08x

Equity Multiple with Sale Year 5

Quick Access

2.5 Miles
From Interstate 80

Building Features

Clear Heights / 32'
Number Of Bays / 20
Drive-In Doors / 4
Dock Doors / Up to 56
Lighting / LED
Sprinklers / ESFR
Power / 2500 amp electrical (480V - 3 Phase)

Surrounding Area

Major Announcements

The rapid industrial growth in the region has led to increased investment in the area’s infrastructure. A new planning study conducted by the Sarpy County Planning and Environmental Linkages (PEL) identified a new I-80 interchange approximately 3 miles southwest of the Infinity Industrial Center site. Omaha-Council Bluffs Metropolitan Planning Agency (MAPA) stated in a press release, “The PEL Study determined a new interchange would help mitigate traffic congestion at the I-80 interchanges at N-31 and N-370, accommodate future growth and development, provide regional connectivity to I-80 and accommodate regional freight traffic.”

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