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Renovated Historic Office Building
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1550 S 21st St, Omaha, NE 68108

Move-in ready, renovated office space with historic charm.

Space Size3,443 SF
Property Size10,329 SF
Days on Market957

Property Features for 1550 S 21st St

General Information

Standard status Active
Size 3,443 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Building Size 10,329 SF
Tenancy Multiple

Spaces For Lease

at 1550 S 21st St Contact us

Suite 100

Size
3,443 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 200

Size
3,443 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: USP Management
Listed By: Monte Froehlich · License #0980389
Source: Crexi
Added: Jan 10, 2024 Changed: Aug 19 Last Checked: Aug 23 at 9:43PM

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 USP Management

Investment Insights

Based on property information with market context.

Building 18 at the Quartermaster Depot, constructed in 1889, originally served as the Finance and Administration Building. This two-story building showcases Italianate architecture and vernacular brickwork, featuring 47 windows. The first and second floors, each offering 3,443 square feet, underwent complete renovation in 2021-2022. The renovated space features exposed timber post and beam construction, LED lighting, a break room, ADA-compliant restrooms, a glass-enclosed conference room, an open office area, and private offices. The garden level remains unfinished and includes an exterior dock and double-door entry. The building is move-in ready and suitable for a start-up business involved in fulfillment.

Key Highlights

  • Fully renovated 1st and 2nd floors (2021‑2022) offering move‑in ready office space.
  • Unique Italianate architecture and vernacular brick with 47 windows.
  • Exposed timber post and beam construction and LED lighting.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Spa & Massage Center Electrical Service (Bike/Boat/Book/etc) Store Building Supply Carpet & Flooring Store Skin Care Clinic

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby

Demographics for 68108, NE

15,623
Population
6,084
Households
2.6
Avg Household Size
30
Median Age
24%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
4,734
Density / Sq Mi
$47,255
Median Household Income
$34,693
Median Earnings
$1,128
Median Rent
$124,500
Median Home Value

Market

Lease Benchmarks for Omaha, NE

$19.98 /SF/Yr
Avg Asking Price
$7.25–$35 /SF/Yr
Price Range
40,317 SF
Avg Space Size

This space is priced 25% below the average of $19.98 /SF/Yr.

Vacancy Rate% for Office in Omaha, NE

5.5% 2019
13.2% 2020
14.2% 2021
12.6% 2022
11.7% 2023
13.7% 2024
11.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Move-in ready, renovated office space with historic charm.
Where is this office building located?
The property is located at 1550 S 21st St Omaha, NE.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Fully renovated 1st and 2nd floors (2021‑2022) offering move‑in ready office space.; Unique Italianate architecture and vernacular brick with 47 windows.; Exposed timber post and beam construction and LED lighting.
More about this property
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