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Industrial Flex Campus with Office

12500 I Street, Omaha, NE 68137

For Lease
$6.50 SF/Yr

Subdivided flex campus offers flexible bay sizing and clear heights up to 32 feet, plus on-site office amenities.

Space Size82,886 SF
Days on Market139

Property Features for 12500 I Street

General Information

Standard status Active
Size 82,886 SF
Property subtype Industrial
Lease Term NNN

Site & Location

Neighborhood Westwood Heights Neighborhood Association

Building Details

Year Built 1958

Spaces For Lease

at 12500 I Street
A $6.50/SF/Yr
Size 82,886 SF
Term Negotiable
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Listing Agency: Investors Realty Inc
Listed By: Kevin Stratman, CCIM, SIOR · License NE #20110363
Source: Investorsomaha
Added: Jun 25 Changed: Nov 7 Last Checked: Nov 10 at 7:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Investors Realty Inc

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Investment Insights

Based on property information with market context.

Omaha Works Business Park is a landmark industrial property built in 1958. Originally occupied by Western Electric, the campus has been subdivided to support a mix of office and industrial uses, with multiple building configurations available for tenant needs. The property includes flexible options for bay sizing, along with clear heights ranging from 14'6" to 32'.

The campus is described as having a central location within the Omaha metro, with access to Interstate 80 via I Street and L Street. It is also adjacent to a Union Pacific Railroad mainline, and nearby retail amenities are noted as available. Building amenities include access to a fitness center and an auditorium, and the property provides ample parking for both vehicles and trailers.

Leasing options include existing office space, with 154,864 SF of office identified as available for lease (details to be provided by the agent). With landlord flexibility to increase or decrease bay sizes and a range of clear heights, the space can accommodate a variety of light industrial and mixed-use tenant requirements while leveraging on-site amenities and parking suited to both employee and service traffic.

Key Highlights

  • Industrial campus built in 1958, formerly occupied by Western Electric
  • Subdivided campus with 154,864 SF of existing office space available for lease
  • Flexible bay size options; landlord can increase or decrease bays based on tenant needs

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Investors Realty Inc Real Estate Agency Stillwater Insurance Group Financial Advisor Jeffrey Jacobsen - Raymond ... Financial Advisor Grant Kobes Commercial ... Real Estate Agency Stillwater insurance company Financial Advisor

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby
Under-served
Demand for This Use

Demographics for 68137, NE

26,537
Population
10,834
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
95%
High-School Grad
8.4 sq mi
ZIP Area
3,159
Density / Sq Mi
$82,256
Median Household Income
$49,784
Median Earnings
$1,337
Median Rent
$232,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Omaha, NE

$10.66 /SF/Yr
Avg Asking Price
$6.5–$22 /SF/Yr
Price Range
9,636 SF
Avg Space Size

This space is priced 39% below the average of $10.66 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Omaha, NE

$9.98 Jul
$10.36 Aug
$10.45 Sep
$10.61 Oct

Properties on Market for Flex space in Omaha

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Omaha, NE

1.9% 2019
3.4% 2020
3% 2021
2.2% 2022
2.2% 2023
3.2% 2024
2.5% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Subdivided flex campus offers flexible bay sizing and clear heights up to 32 feet, plus on-site office amenities.
Where is this flex space located?
The property is located at 12500 I Street Omaha, NE.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
What are key features of this property?
This property features: Industrial campus built in 1958, formerly occupied by Western Electric; Subdivided campus with 154,864 SF of existing office space available for lease; Flexible bay size options; landlord can increase or decrease bays based on tenant needs
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