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Retail Space with Basement
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507 N 16TH ST, Omaha, NE 68102

Retail level space totals 7,512 SF, with additional basement area bringing the overall size to 14,852 SF.

Space Size14,852 SF
Days on Market124

Property Features for 507 N 16TH ST

General Information

Standard status Active
Size 14,852 SF
Property subtype Retail

Building Details

Building Size 14,852 SF
Year Built 1912
Tenancy Single

Spaces For Lease

at 507 N 16TH ST Contact us

507 N 16th St

Size
14,852 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Noddle Companies
Listed By: Brayden Mussman · License #NE 20180308
Source: Crexi
Added: May 5 Changed: Aug 21 Last Checked: Sep 2 at 3:15AM

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 Noddle Companies

Investment Insights

Based on property information with market context.

Available for lease is 7,512 SF of retail space on the main retail level. The offering also includes basement space, bringing the total size to 14,852 SF.

This is a retail-focused opportunity configured across the retail level and basement, suitable for tenants that need additional usable area beyond the primary sales floor.

For tenants seeking a larger total footprint, the combined retail level and basement configuration provides 14,852 SF in one offering.

Key Highlights

  • Retail level space totals 7,512 SF
  • Additional basement area brings total size to 14,852 SF
  • Year built: 1912

Property Analytics

Current Use

Sols Show Room Discount Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic Pet Grooming Service Carpet & Flooring Store Butcher

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

Location Intelligence

Trade Area within ½ mile

2,900
Businesses Nearby

Demographics for 68102, NE

9,130
Population
5,922
Households
1.5
Avg Household Size
33
Median Age
51%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
5,072
Density / Sq Mi
$60,525
Median Household Income
$46,309
Median Earnings
$1,242
Median Rent
$350,500
Median Home Value

Market

Lease Benchmarks for Omaha, NE

$21.88 /SF/Yr
Avg Asking Price
$7–$280 /SF/Yr
Price Range
6,578 SF
Avg Space Size

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail level space totals 7,512 SF, with additional basement area bringing the overall size to 14,852 SF.
Where is this retail space located?
The property is located at 507 N 16TH ST Omaha, NE.
What are key features of this property?
This property features: Retail level space totals 7,512 SF; Additional basement area brings total size to 14,852 SF; Year built: 1912
(402) 496-1616 Call to check price and availability
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