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Omaha Industrial Building with Expansion
For Lease
$5.50 SF/Yr

2002 North 16th Street, Omaha, NE 68110

Large industrial building with expansion potential near downtown Omaha.

Space SizeContact for details
Lot Size1.10 Acres
Days on Market158

Property Features for 2002 North 16th Street

General Information

Standard status Active
Lot size 1.10 Acres
Property subtype Industrial
Listing Agency: CBRE - Omaha
Listed By: Steve Sheppard · License #NE#20051166
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 29 at 7:12AM

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 industrial building, situated on a lot that includes an additional 1.10 acre lot to the west, offers potential for building expansion or additional parking. The property is located north of downtown Omaha, providing convenient access to Highway 75 and Interstate 480. Its location also provides access to the broader Omaha–Council Bluffs labor market. The building encompasses a total area of 58,600 square feet.

Key Highlights

  • Large industrial building with expansion potential.
  • 1.10 acre lot allows for building expansion or additional parking.
  • Easy access to Highway 75 and Interstate 480.

Property Analytics

Current Use

Interstate Printing Company Marketing & Advertising

Suggested Use

Top Pick Building Supply Spa & Massage Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store HVAC 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

NNN (Triple Net)
Lease Type
$0.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

680
Businesses Nearby

Demographics for 68110, NE

9,665
Population
3,545
Households
2.7
Avg Household Size
33
Median Age
13%
College-Educated
81%
High-School Grad
8.5 sq mi
ZIP Area
1,137
Density / Sq Mi
$36,517
Median Household Income
$21,739
Median Earnings
$920
Median Rent
$113,800
Median Home Value

Market

Lease Benchmarks for Omaha, NE

$9.6 /SF/Yr
Avg Asking Price
$5.5–$22 /SF/Yr
Price Range
21,262 SF
Avg Space Size

This space is priced 43% below the average of $9.6 /SF/Yr.

Vacancy Rate% for Industrial in Omaha, NE

1.9% 2019
3.4% 2020
3% 2021
2.2% 2022
2.2% 2023
3.2% 2024
2.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Large industrial building with expansion potential near downtown Omaha.
Where is this industrial property located?
The property is located at 2002 North 16th Street Omaha, NE.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: Large industrial building with expansion potential.; 1.10 acre lot allows for building expansion or additional parking.; Easy access to Highway 75 and Interstate 480.
More about this property
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