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Freestanding Office Building
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17670 Welch Plaza, Omaha, NE 68135

Freestanding office building in a mixed-use shopping center anchored by Hy-Vee, suited for professional and medical uses.

Property Size4,096 SF
Price / SF$324.71
Days on Market123

Property Features for 17670 Welch Plaza

General Information

Standard status Active
Size 4,096 SF
Class B
Total Parking Spaces 19
Property subtype Retail, Office, Mixed Use
Zoning MU
Investment Type Owner/User

Building Details

Year Built 2007
Stories 1
Tenancy Multi
Listing Agency: Berkshire Hathaway HS | Ambassador Real Estate Commercial Division
Listed By: Jeff Johnson · License #NE 20100178
Source: Crexi
Added: Jun 13 Changed: Aug 25 Last Checked: Aug 14 at 7:05AM

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 Berkshire Hathaway HS | Ambassador Real Estate Commercial Division

Investment Insights

Based on property information with market context.

This freestanding office building is available for sale or lease, offering a dedicated standalone setup within Hawthorne Court shopping center. The offering includes approximately 4,096 square feet and is being marketed as an owner-relocation opportunity, with the owner planning to vacate upon sale or lease.

Hawthorne Court is described as a thriving mixed-use development anchored by Hy-Vee grocery, with a 180th and Q Street location in southwest Omaha and many services available within walking distance. The site sits in a retail-oriented environment that supports everyday business traffic from nearby uses.

The space is positioned for professional services, medical office, and retail tenants seeking a freestanding option inside an active center. With the owner expected to vacate, new occupants can plan for timely occupancy aligned with the transaction timeline. This makes the property practical for operators who want direct control of a standalone office footprint rather than a shared suite configuration.

Key Highlights

  • Freestanding office building in Hawthorne Court shopping center at 180th and Q Street in southwest Omaha
  • Built in 2007
  • Located in a thriving mixed‑use development anchored by Hy‑Vee grocery

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,101
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,062,020 $1.1M
Cap Rate 7%
$758,586 $758.6K
Cap Rate 9%
$590,011 $590.0K
Market Conditions
NOI Build-Up for 4,096 SF
Gross rent
$81.1K $19.80/SF
− Vacancy
−$10.3K −$2.51/SF
EGI
$70.8K $17.29/SF
− OpEx
−$17.7K −$4.32/SF
NOI
$53.1K $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%
$1,062,020
Cap Rate 7%
$758,586
Cap Rate 9%
$590,011

Alternative Uses

Best Use
Office B
$758.6K
$663.8K – $885.0K (±1% cap)
NOI $53,101 @ 7.0% cap · market cap 3.99%
Second Best
Healthcare Medical
$748.4K
$654.9K – $873.2K (±1% cap)
NOI $52,391 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.09M
$954.8K – $1.27M (±1% cap)
NOI $76,382 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

BioPocrates (Bike/Boat/Book/etc) Store Prioricare Staffing Solutions Employment Agency Vision2Voice Healthcare Communications Factory Criterion Claim Solutions Freight Service Molly Petersen Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm HVAC Service (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

342
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 - Freestanding office building in a mixed-use shopping center anchored by Hy-Vee, suited for professional and medical uses.
Where is this office building located?
The property is located at 17670 Welch Plaza Omaha, NE.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: Freestanding office building in Hawthorne Court shopping center at 180th and Q Street in southwest Omaha; Built in 2007; Located in a thriving mixed‑use development anchored by Hy‑Vee grocery
(402) 917-3035 Call to check price and availability
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