Class A Office Building
17002 Marcy St Omaha, NE 68118
17002 Marcy St, Omaha, NE, 68118
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For Sale
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Well-appointed Class A office building in affluent Southwest submarket.
Property Size50,915 SF
Price / SF$225.87
Days on Market657
Property Features for 17002 Marcy St
General Information
- Standard status
- Active
- Size
- 50,915 SF
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing Agency
Colliers - Omaha, Nebraska
(402) 763-1747
Listed by
Jessica Esch · License #NE 20220184
Source
Crexi
Added: Oct 2, 2024 Updated: Jul 6 at 7:36 am Checked: Jul 20 at 3:49 am
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 Colliers - Omaha, Nebraska
Investment Insights
Based on property information with market context.
Built in 2010, this Class A office building offers well-appointed amenities, including a large training room, a wellness facility with locker rooms, and heated underground parking. An on-site generator and server room support ample IT infrastructure. Building occupants take advantage of excellent common area offerings including an over-sized training and meeting facility, gym and fully appointed locker rooms, and heated garage parking. The building is also equipped with a back-up generator and temperature controlled data room to thoroughly support tenant IT infrastructure demands. The current owner occupies the second floor of the building (23,032 square feet), in addition to 4,313 square feet on the first floor, allowing a new owner to occupy the two most desirable suites in the building. The full second floor of the building is an excellent mix of executive offices and windowed conference rooms, a modern kitchen / break area, and managerial offices adjacent to open cube space. Various second floor terraces also offer relaxing views of the Pacific Springs Golf Course. The current owner is willing to relocate to make way for a new occupant. With limited Class A office available in the affluent Southwest submarket, this offering presents a unique opportunity to provide employees with the benefit of a shorter commute. The office is immediately accessible from highly traveled Pacific and 168th Streets. Restaurants and retail options are abundant within one mile including Village Pointe and the Shoppes at Legacy. West Dodge Road is just 3 minutes away. The property size is 50,915 square feet.
Key Highlights
- Opportunity to occupy the two most desirable suites, including the entire second floor (23,032 sq ft) with executive offices, conference rooms, modern kitchen, and terraces overlooking the Pacific Springs Golf Course.
- Located in the affluent Southwest submarket with limited Class A office availability, offering employees a shorter commute.
- Amenities include a large training room and wellness facility with locker rooms.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.06M | $20.88 |
| − Vacancy | −$135.0k | −$2.65 |
| EGI | $928.1k | $18.23 |
| − OpEx | −$232.0k | −$4.56 |
| NOI | $696.1k | $13.67 |
50,915 SF · lease $20.88/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$9.94M
$8.70M – $11.60M
NOI $696,068 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.40M
$11.72M – $15.63M
NOI $937,683 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Adams Land and Cattle, ...
Ranch
The Wellness Council of America
Charitable Organization
CrossMed Healthcare Staffing
Employment Agency
High Point Networks, ...
Tech Support Center
Unified Legacy Advisors
Financial Advisor
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FAQs
What type of property is this?
Office building - Well-appointed Class A office building in affluent Southwest submarket.
Where is this office building located?
The property is located at 17002 Marcy St Omaha, NE.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Opportunity to occupy the two most desirable suites, including the entire second floor (23,032 sq ft) with executive offices, conference rooms, modern kitchen, and terraces overlooking the Pacific Springs Golf Course.; Located in the affluent Southwest submarket with limited Class A office availability, offering employees a shorter commute.; Amenities include a large training room and wellness facility with locker rooms.
