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Retail Building with Interstate Access
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3409 S 72nd St, Omaha, NE 68124

Retail building totaling 6,992 SF on 0.78 acres with immediate access to the I-80 and 72nd Street interchange.

Property Size6,992 SF
Lot Size0.78 Acres
Price / SF$0.32
Days on Market97

Property Features for 3409 S 72nd St

General Information

Standard status Active
Size 6,992 SF
Lot size 0.78 Acres
Property subtype Retail

Site & Location

Neighborhood One Omaha
Highway Access Yes
Listing Agency: Omaha
Listed By: Justin Spooner · License #20210247
Source: Colliers
Added: Jul 27 Changed: Oct 25 Last Checked: Oct 30 at 10:34AM

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 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.

This retail building totals 6,992 SF on 0.78 acres and is positioned at the I-80 / 72nd Street interchange. The property is described as offering strong exposure and immediate interstate access, with the ability to reconfigure the space to fit a new user’s needs.

The site is surrounded by hotels, restaurants, and national retailers, supporting steady traffic from both travelers and Omaha residents.

As presented, the offering includes a central Omaha retail location with on-site flexibility for prospective tenants or buyers seeking a retail service environment that can be adapted.

Key Highlights

  • 6,992 SF retail building on 0.78 acres
  • Located at the I‑80/72nd Street interchange with immediate interstate access
  • Site offers exposure to traffic from travelers and Omaha residents

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$84,575
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,691,500 $1.7M
Cap Rate 7%
$1,208,214 $1.2M
Cap Rate 9%
$939,722 $939.7K
Market Conditions
NOI Build-Up for 6,992 SF
Gross rent
$125.9K $18.00/SF
− Vacancy
−$5.0K −$0.72/SF
EGI
$120.8K $17.28/SF
− OpEx
−$36.2K −$5.18/SF
NOI
$84.6K $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%
$1,691,500
Cap Rate 7%
$1,208,214
Cap Rate 9%
$939,722

Alternative Uses

Best Use
Retail
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,575 @ 7.0% cap · market cap 3,734.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,769 @ 7.0% cap · market cap 5,685.17%
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

Macadoodles (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby

Demographics for 68124, NE

15,503
Population
6,941
Households
2.2
Avg Household Size
39
Median Age
55%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
2,768
Density / Sq Mi
$96,341
Median Household Income
$56,177
Median Earnings
$1,223
Median Rent
$277,200
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

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 - Retail building totaling 6,992 SF on 0.78 acres with immediate access to the I-80 and 72nd Street interchange.
Where is this retail space located?
The property is located at 3409 S 72nd St Omaha, NE.
What are key features of this property?
This property features: 6,992 SF retail building on 0.78 acres; Located at the I‑80/72nd Street interchange with immediate interstate access; Site offers exposure to traffic from travelers and Omaha residents
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