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16909 Q Street, Omaha, NE 68135

Established office property serving businesses along Q Street in Omaha.

Property Size5,618 SF
Price / SF$342.65
Days on Market75

Property Features for 16909 Q Street

General Information

Standard status Active
Size 5,618 SF
Property subtype Office
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1995
Buildings 1
Tenancy Single
Listing Agency: CBRE - Omaha
Listed By: Scott Schneiderman · License #NE 19990230
Source: Crexi
Added: Jul 31 Changed: Oct 6 Last Checked: Oct 12 at 5:09PM

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 CBRE - Omaha

Investment Insights

Based on property information with market context.

This office building was constructed in 1995 and is located at 16909 Q Street in Omaha, Nebraska. The property sits within an established area supported by nearby retail amenities and service providers, with access from West Omaha, Millard, and Elkhorn.

Key Highlights

  • Office building constructed in 1995
  • Located at 16909 Q Street in Omaha, NE 68135
  • Nearby retail amenities and service providers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,832
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,456,640 $1.5M
Cap Rate 7%
$1,040,457 $1.0M
Cap Rate 9%
$809,244 $809.2K
Market Conditions
NOI Build-Up for 5,618 SF
Gross rent
$111.2K $19.80/SF
− Vacancy
−$14.1K −$2.51/SF
EGI
$97.1K $17.29/SF
− OpEx
−$24.3K −$4.32/SF
NOI
$72.8K $12.96/SF
Area
ZIP 68135
Vacancy
12.70%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,456,640
Cap Rate 7%
$1,040,457
Cap Rate 9%
$809,244

Alternative Uses

Best Use
Office B
$1.04M
$910.4K – $1.21M (±1% cap)
NOI $72,832 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,764 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Children's Hospital & Med ... Hospital Children's Physicians, Mission ... Medical Clinic Michael J. Wilczewski ... Pediatrician Betsy J. Stephenson ... Pediatrician Chandrika Rizal M.D. Pediatrician

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Auto Repair Shop Dental Office Spa & Massage Center

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

189
Businesses Nearby

Demographics for 68135, NE

30,728
Population
10,657
Households
2.9
Avg Household Size
35
Median Age
57%
College-Educated
98%
High-School Grad
7.9 sq mi
ZIP Area
3,890
Density / Sq Mi
$139,563
Median Household Income
$66,712
Median Earnings
$1,757
Median Rent
$323,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Omaha, NE

5.5% 2019
13.2% 2020
14.2% 2021
12.6% 2022
11.7% 2023
13.7% 2024
11.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Established office property serving businesses along Q Street in Omaha.
Where is this office building located?
The property is located at 16909 Q Street Omaha, NE.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Office building constructed in 1995; Located at 16909 Q Street in Omaha, NE 68135; Nearby retail amenities and service providers
(402) 334-8877 Call to check price and availability
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