Listing Agency: CBRE | Omaha Show Phone

Listed By: David H Maenner · License ##20060113 Show Phone

Source: Moodyscre

Added: May 19 Changed: Oct 6 Last Checked: Oct 12 at 6:29PM

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Investment Insights

Based on property information with market context.

This new construction flex space is available for lease or sale. The property features 12’x14’ drive doors, LED shop lighting, and floor drains. The ceiling height is 22’. Office build-out is negotiable. Dock doors can be added. The property size is 10560 square feet.

Key Highlights

• New construction property available
• Benefit from the expansive 22’ ceiling height
• Equipped with 12’x14’ drive doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$61,297

Cap Rate

6.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,225,940 $1.2M

Cap Rate 7%

$875,671 $875.7K

Cap Rate 9%

$681,078 $681.1K

Market Conditions

NOI Build-Up for 10,560 SF

Gross rent

$90.2K $8.54/SF

− Vacancy

−$2.6K −$0.25/SF

EGI

$87.6K $8.29/SF

− OpEx

−$26.3K −$2.49/SF

NOI

$61.3K $5.80/SF

Area

Sarpy County, NE

Vacancy

2.90%

Lease Rate

$8.54 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,225,940

Cap Rate 7%

$875,671

Cap Rate 9%

$681,078

Alternative Uses

Best Use

Industrial

$875.7K

$766.2K – $1.02M (±1% cap)

NOI $61,297 @ 7.0% cap · market cap 6.29%

Second Best

Flex RnD

$802.3K

$702.0K – $936.0K (±1% cap)

NOI $56,159 @ 7.0% cap · market cap 5.76%

Theoretical Best

Office A

$2.83M

$2.48M – $3.31M (±1% cap)

NOI $198,369 @ 7.0% cap · market cap 20.35%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Nail Salon Hair Salon (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

306

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 68138, NE

12,327

Population

4,889

Households

2.5

Avg Household Size

35

Median Age

37%

College-Educated

97%

High-School Grad

11.1 sq mi

ZIP Area

1,111

Density / Sq Mi

$82,555

Median Household Income

$46,595

Median Earnings

$1,149

Median Rent

$222,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - New construction flex space for lease or sale.

Where is this flex space located?

The property is located at 12579 Giles Rd La Vista, NE.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: New construction property available; Benefit from the expansive 22’ ceiling height; Equipped with 12’x14’ drive doors