Turnkey Class A Office
For Sale
Contact for pricing
1515 S 75th St, Omaha, NE 68124
Renovated office building with open collaboration space, conference rooms, and six ADA-compliant restrooms.
Property Size52,367 SF
Price / SF$156.59
Days on Market144
Property Features for 1515 S 75th St
General Information
Standard status
Active
Size
52,367 SF
Class
A
Property subtype
OFFICE
Amenities
breakout rooms
private offices
large training & conference rooms
modern break rooms
gathering spaces
Listing Agency:
Investors Realty Inc
(402) 778-7538
Listed By:
John (J.P.) Raynor, CCIM, SIOR · License #20090079
Source:
Moodyscre
Added: Mar 9
Changed: Jul 27
Last Checked: Jul 27 at 5:13AM
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
Investment Insights
Based on property information with market context.
This renovated, turnkey office building offers a spacious open floor plan with exposed high ceilings and abundant natural light. The layout includes multiple breakout rooms, private offices, and large training and conference rooms supported by state-of-the-art AV systems. Interior improvements include modern break rooms and gathering spaces, along with six updated ADA-compliant restrooms.
The property is served by updated building systems, including new HVAC with digital controls, energy-efficient LED lighting throughout, and a 65% roof replacement with warranty. Convenient, plentiful parking is available for both staff and visitors.
With high-end Class A finishes throughout, the building is designed to support a range of office and meeting needs in a single, cohesive environment.
The property is served by updated building systems, including new HVAC with digital controls, energy-efficient LED lighting throughout, and a 65% roof replacement with warranty. Convenient, plentiful parking is available for both staff and visitors.
With high-end Class A finishes throughout, the building is designed to support a range of office and meeting needs in a single, cohesive environment.
Key Highlights
- Spacious open office layout with exposed high ceilings and abundant natural light for collaboration
- Multiple breakout rooms, private offices, and large training & conference rooms with state‑of‑the‑art AV systems
- Six updated ADA‑compliant restrooms for enhanced accessibility
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.09M | $20.88 |
| − Vacancy | −$138.9k | −$2.65 |
| EGI | $954.6k | $18.23 |
| − OpEx | −$238.6k | −$4.56 |
| NOI | $715.9k | $13.67 |
52,367 SF · lease $20.88/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$10.23M
$8.95M – $11.93M
NOI $715,919 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.78M
$12.06M – $16.07M
NOI $964,424 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,992
Businesses Nearby
Explore this area
Business Placement
Demographics for 68124, NE
15,503
Population
6,941
Households
2.2
Avg Household Size
39
Median Age
55%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
2,768
Density / Sq Mi
$96,341
Median Household Income
$56,177
Median Earnings
$1,223
Median Rent
$277,200
Median Home Value
Market
Vacancy Rate% for Office in Omaha, NE
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Renovated office building with open collaboration space, conference rooms, and six ADA-compliant restrooms.
Where is this office building located?
The property is located at 1515 S 75th St Omaha, NE.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: Spacious open office layout with exposed high ceilings and abundant natural light for collaboration; Multiple breakout rooms, private offices, and large training & conference rooms with state‑of‑the‑art AV systems; Six updated ADA‑compliant restrooms for enhanced accessibility
