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Medical Office with Long-Term Lease
For Sale
$3,345,000

20124 Pierce Street, Omaha, NE 68022

Investment property offered for sale with a long-term lease in place for an ABA center tenant.

Property Size10,177 SF
Days on Market93

Property Features for 20124 Pierce Street

General Information

Standard status Active
Size 10,177 SF
Property subtype Retail/Office/Medical

Building Details

Building Size 10,177 SF
Year Built 2018
Listing Agency: NAI NP Dodge
Listed By: Eric Wieseler · License #20050563
Source: Nainpdodge
Added: Jul 18 Changed: Oct 16 Last Checked: Oct 16 at 6:44AM

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

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Investment Insights

Based on property information with market context.

This investment property is offered for sale with a long-term lease in place. The space is currently occupied by Galliant Autism Care (ABA Center), providing a stabilized leased asset. The property is also described as suitable for retail, office, medical, and wellness use.

The building benefits from excellent visibility near Pacific Street and 204th Street, with high daily traffic supported by a nearby grocery anchor and surrounding retail activity.

For investors seeking a leased property in a retail- and services-oriented area, this offering presents an income-producing option with an established tenant under long-term terms.

Key Highlights

  • 2018‑built investment property with a long‑term lease in place for an ABA center (Galliant Autism Care - ABA Center)
  • Strong fit for retail, office, medical, and wellness uses
  • Excellent visibility near Pacific Street and 204th Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$139,132
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,782,640 $2.8M
Cap Rate 7%
$1,987,600 $2.0M
Cap Rate 9%
$1,545,911 $1.5M
Market Conditions
NOI Build-Up for 10,177 SF
Gross rent
$212.5K $20.88/SF
− Vacancy
−$27.0K −$2.65/SF
EGI
$185.5K $18.23/SF
− OpEx
−$46.4K −$4.56/SF
NOI
$139.1K $13.67/SF
Area
Omaha, NE
Vacancy
12.70%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,782,640
Cap Rate 7%
$1,987,600
Cap Rate 9%
$1,545,911

Alternative Uses

Best Use
Office B
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,132 @ 7.0% cap · market cap 4.16%
Second Best
Healthcare Medical
$1.97M
$1.72M – $2.30M (±1% cap)
NOI $137,756 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M (±1% cap)
NOI $187,426 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Restaurant Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
Balanced
Demand for This Use

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

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

Similar Off Market Nearby

  • West Elkhorn Veterinary Clinic — 1515 US-6, Elkhorn, NE 68022
  • Elkhorn South Veterinary Clinic — 1515 S 204th St Suite 102, Elkhorn, NE 68022

Frequently Asked Questions

What type of property is this?
Medical Office Space - Investment property offered for sale with a long-term lease in place for an ABA center tenant.
Where is this medical office space located?
The property is located at 20124 Pierce Street Omaha, NE.
What is the asking price?
The asking price for this property is $3,345,000.
What are key features of this property?
This property features: 2018‑built investment property with a long‑term lease in place for an ABA center (Galliant Autism Care - ABA Center); Strong fit for retail, office, medical, and wellness uses; Excellent visibility near Pacific Street and 204th Street
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