End-Cap Retail
For Sale
$4,245,500
3253 Dodge Street, Omaha, NE 68131
Built-out space includes a loading dock and direct access to an attached parking garage.
Property Size16,982 SF
Price / SF$249.74
Days on Market80
Property Features for 3253 Dodge Street
General Information
Standard status
Active
Size
16,982 SF
Total Parking Spaces
660
Property subtype
Retail
Site & Location
Corner Location
Yes
End Cap
Yes
Traffic Count
32,000 vehicles/day
Amenities
loading dock
attached parking garage
public transit
Building Details
Building Size
16,982 SF
Year Built
2010
Tenancy
Single
Listing Agency:
OMNE Partners
Listed By:
Colin Fangman · License #20230189
(402) 504-2997
Source:
Omnepartners
Added: Jul 27
Changed: Oct 3
Last Checked: Oct 12 at 6:33PM
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
Investment Insights
Based on property information with market context.
This retail space occupies a prominent end-cap position at the southeast corner of Dodge Street and 33rd Street. The built-out interior was previously used as a grocery store and includes a loading dock. Retail use is supported by the property information.
An attached parking garage provides 660 stalls with direct access to the store. The corner includes a four-way signalized intersection, 135 feet along Dodge Street, and 90 feet along 33rd Street. Daily traffic is reported at 32,000 vehicles based on AADT.
The property is located within Midtown Crossing, alongside an Element Hotel, residential buildings, shopping, restaurants, entertainment, and corporate headquarters. Public transportation includes the ORBT bus route, with covered stops on both sides of the intersection, along with a planned Omaha Streetcar stop.
An attached parking garage provides 660 stalls with direct access to the store. The corner includes a four-way signalized intersection, 135 feet along Dodge Street, and 90 feet along 33rd Street. Daily traffic is reported at 32,000 vehicles based on AADT.
The property is located within Midtown Crossing, alongside an Element Hotel, residential buildings, shopping, restaurants, entertainment, and corporate headquarters. Public transportation includes the ORBT bus route, with covered stops on both sides of the intersection, along with a planned Omaha Streetcar stop.
Key Highlights
- End‑cap retail position at the southeast corner of 33rd Street and Dodge Street
- Attached parking garage with 660 stalls and direct store access
- 135 feet of frontage on Dodge Street and 90 feet on 33rd Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$205,632
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,112,640
$4.1M
Cap Rate 7%
$2,937,600
$2.9M
Cap Rate 9%
$2,284,800
$2.3M
Market Conditions
NOI Build-Up for 17,000 SF
Gross rent
$306.0K $18.00/SF
− Vacancy
−$12.2K −$0.72/SF
EGI
$293.8K $17.28/SF
− OpEx
−$88.1K −$5.18/SF
NOI
$205.6K $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%
$4,112,640
Cap Rate 7%
$2,937,600
Cap Rate 9%
$2,284,800
Alternative Uses
Best Use
Retail
$2.94M
$2.57M – $3.43M
NOI $205,632 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.47M
$3.91M – $5.22M
NOI $313,083 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
32,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,240
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Omaha, NE
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Frequently Asked Questions
What type of property is this?
Retail space - Built-out space includes a loading dock and direct access to an attached parking garage.
Where is this retail space located?
The property is located at 3253 Dodge Street Omaha, NE.
What is the asking price?
The asking price for this property is $4,245,500.
What are key features of this property?
This property features: End‑cap retail position at the southeast corner of 33rd Street and Dodge Street; Attached parking garage with 660 stalls and direct store access; 135 feet of frontage on Dodge Street and 90 feet on 33rd Street
