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Midtown Office Building For Sale
For Lease
$7.25 SF/Yr Modified Gross

1941 S 42nd Street, Omaha, NE 68105

Located at 42nd & Center, great for professional offices.

Space Size9,999 SF
Property Size227,574 SF
Days on Market351

Property Features for 1941 S 42nd Street

General Information

Standard status Active
Size 9,999 SF
Class C
Property subtype Office
Lease Term MG

Site & Location

Neighborhood Hanscom Park Neighborhood Association

Building Details

Building Size 227,574 SF

Spaces For Lease

at 1941 S 42nd Street
The Center $7.25 – $14.50/SF/Yr
Size 9,999 SF
Term Negotiable
Contact us
Listing Agency: NAI NP Dodge
Listed By: Mary Purcell · License #20201301
Source: Naiglobal
Added: Nov 21, 2025 Changed: Sep 4 Last Checked: May 9 at 1:10AM

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 NAI NP Dodge

Rey
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Investment Insights

Based on property information with market context.

This office building is located at 42nd & Center Streets in a midtown location, suitable for professional offices and service-related agents. The property is near I-80, I-480, downtown, and the airport. It offers both covered and surface parking. The building provides a quiet, professional setting. Current tenants include Midtown Medical, Refresh Mental Health, the VA, and Douglas County Healthcare System. The lease is modified gross with 3% per annum increases. The property size is 227574 square feet.

Key Highlights

  • Excellent midtown location at 42nd & Center Streets
  • Close to I‑80, I‑480, downtown, and the airport
  • Join Midtown Medical, Refresh Mental Health, the VA, Douglas County Healthcare System and more

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Affordable Tax and Bookkeeping ... Accounting Firm Diversion Services Social Service Agency Omaha Gentle Dentistry Dental Office Filcheck Holly Physician Sharp Jennifer Counselor

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Big Box & Wholesale Store Electrical Service

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 68105, NE

22,669
Population
10,633
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
6,297
Density / Sq Mi
$53,253
Median Household Income
$36,969
Median Earnings
$1,010
Median Rent
$187,600
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

$18.8 /SF/Yr
Avg Asking Price
$7.25–$37.5 /SF/Yr
Price Range
25,265 SF
Avg Space Size

This space is priced 61% below the average of $18.8 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office building - Located at 42nd & Center, great for professional offices.
Where is this office building located?
The property is located at 1941 S 42nd Street Omaha, NE.
What is the lease rate?
The lease rate is $7.25 SF/Yr.
What are key features of this property?
This property features: Excellent midtown location at 42nd & Center Streets; Close to I‑80, I‑480, downtown, and the airport; Join Midtown Medical, Refresh Mental Health, the VA, Douglas County Healthcare System and more
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