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Elkhorn Retail/Daycare Opportunity

20111 Roberts Street, Omaha, NE 68022

For Sale
Contact for pricing

6,896 SF space in fast-growing Elkhorn area.

Property Size6,896 SF
Price / SF$0.00
Days on Market358

Property Features for 20111 Roberts Street

General Information

Standard status Active
Size 6,896 SF
Property subtype Retail

Site & Location

Neighborhood One Omaha
Listing Agency: CBRE | Omaha
Listed By: Jason Ruegg · License NE #20040459
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 7 at 5:42AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

A 6,896 square foot space is available for lease at a rate of $20.00 per square foot, with additional costs for real estate taxes at $1.67 per square foot and real estate insurance at $0.96 per square foot. The property is located in the fast-growing Elkhorn area. Currently operating as a daycare facility licensed to accommodate 115 children, the space could potentially include furniture, fixtures, and equipment. The building could be repurposed for office or retail use.

Key Highlights

  • Located in fast‑growing Elkhorn area
  • Currently operated as a daycare facility licensed for 115 children
  • Building could be repurposed for office or retail use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$83,414
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,668,280 $1.7M
Cap Rate 7%
$1,191,629 $1.2M
Cap Rate 9%
$926,822 $926.8K
Market Conditions
NOI Build-Up for 6,896 SF
Gross rent
$124.1K $18.00/SF
− Vacancy
−$5.0K −$0.72/SF
EGI
$119.2K $17.28/SF
− OpEx
−$35.7K −$5.18/SF
NOI
$83.4K $12.10/SF
Area
Omaha, NE
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,668,280
Cap Rate 7%
$1,191,629
Cap Rate 9%
$926,822

Alternative Uses

Best Use
Retail
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,414 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M (±1% cap)
NOI $127,001 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Premier Academy Daycare Center

Suggested Use

Top Pick Auto Parts Store Pharmacy Law Firm Grocery & Convenience Store Furniture & Home Goods (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

570
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Domino's Pizza Dining
1,183 visits/mo 0.5 miles

Demographics for 68022, NE

30,996
Population
12,521
Households
2.5
Avg Household Size
35
Median Age
64%
College-Educated
99%
High-School Grad
38.0 sq mi
ZIP Area
816
Density / Sq Mi
$139,713
Median Household Income
$70,971
Median Earnings
$1,404
Median Rent
$452,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Omaha

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Omaha, NE

7.6% 2019
10.2% 2020
8.7% 2021
7.1% 2022
6.1% 2023
6.1% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 6,896 SF space in fast-growing Elkhorn area.
Where is this retail space located?
The property is located at 20111 Roberts Street Omaha, NE.
What are key features of this property?
This property features: Located in fast‑growing Elkhorn area; Currently operated as a daycare facility licensed for 115 children; Building could be repurposed for office or retail use
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