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Restaurant Building on 31st Avenue
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220 S 31st Ave, Omaha, NE 68131

Restaurant building suitable for various culinary opportunities.

Space Size2,134 SF - 4,192 SF
Property Size21,890 SF
Days on Market729

Property Features for 220 S 31st Ave

General Information

Standard status Active
Size 2,134 SF - 4,192 SF
Property subtype Restaurant
Lease Type NNN

Building Details

Building Size 21,890 SF
Tenancy Multiple

Spaces For Lease

at 220 S 31st Ave Contact us

3105 Active

Size 2,134 SF
Contact us

3107 Active

Size 4,192 SF
Contact us
Listing Agency: OMNE Partners Omaha
Listed By: Erik Rickard · License #NE
Source: Crexi
Added: Oct 10, 2024 Changed: Oct 3 Last Checked: Oct 7 at 11:02AM

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 OMNE Partners Omaha

Investment Insights

Based on property information with market context.

The restaurant building is located on 31st Avenue and Farnam Street. It is suitable for a variety of culinary opportunities.

Key Highlights

  • Restaurant building suitable for culinary opportunities.
  • Located on 31st Ave and Farnam Street.

Property Analytics

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Open Analytics

Current Use

ATM Mutual Of Omaha ... Bank Graze Craze Charcuterie ... Take-out & Catering Sofra Kitchen Restaurant Chef Around the Block ... Restaurant Forudad, LLC Real Estate Agency

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Building Supply Carpet & Flooring Store Veterinary Clinic Catering 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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,956
Businesses Nearby
Under-served
Demand for This Use

Demographics for 68131, NE

13,609
Population
7,861
Households
1.7
Avg Household Size
29
Median Age
46%
College-Educated
91%
High-School Grad
2.1 sq mi
ZIP Area
6,480
Density / Sq Mi
$47,800
Median Household Income
$30,808
Median Earnings
$1,081
Median Rent
$224,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Omaha, NE

$20.83 /SF/Yr
Avg Asking Price
$8–$35 /SF/Yr
Price Range
3,842 SF
Avg Space Size

This space is priced 4% below the average of $20.83 /SF/Yr.

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
Rey
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Similar Off Market Nearby

  • Terrible Gerald's Pizza — 2566 Farnam St, Omaha, NE 68131

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant building suitable for various culinary opportunities.
Where is this restaurant located?
The property is located at 220 S 31st Ave Omaha, NE.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Restaurant building suitable for culinary opportunities.; Located on 31st Ave and Farnam Street.
(402) 658-9827 Call to check price and availability
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