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    615 114Th St Omaha, NE 68154

    Sponsored
    For Lease
    $14 SF/Yr

    Omaha retail center, prime location.

    Lot size:
    89,798 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Miracle Hills Square, a single-story, 89,798 square foot retail shopping center in Omaha, Nebraska, presents a unique leasing opportunity. Located at 615 N 114th St, at the northwest corner of 114th and West Dodge Road (cross streets: 114th & W. Dodge Road), this established center boasts a 9.26-acre lot and was built in 1985. The property is zoned CC and offers multiple tenancy options, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 2,000 square feet. Currently, 7,063 square feet of space is available for lease. The center benefits from high daytime traffic due to its proximity to several major employment centers including Miracle Hills, Old Mill, and Regency. Successful existing tenants include DJ's Dugout, Feta's Gyros, Toppers Pizza, Maurstad Dentistry, and China Buffet, creating a vibrant and established retail environment. This property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property features no elevators. Interested parties should inquire about available suite sizes and lease terms. The zip code is 68154.

    Property Features for 615 114Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    89,798 SF
    Total Rate
    108505.92

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 633
    Size
    1,863 SF
    Rate per SF
    $14
    Space
    Suite 645
    Size
    3,200 SF
    Rate per SF
    $14
    Space
    Suite 729
    Size
    2,000 SF
    Rate per SF
    $14

    HighLights

    • Lease Rate: $14.50 per square foot, NNN.
    • 7,063 square feet of space available.
    • 89,798‑square‑foot building.
    • Built in 1985.
    • 9.26‑acre site.
    • CC Zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Iron Hero CrossFit Personal Trainer ATM (Central Distributing ... Atm Edward & Sons Plumbing ... Plumbing Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.0900859
    Latitude
    41.2643547

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    FAQs

    What type of property is this?
    Neighborhood center - Omaha retail center, prime location.
    Where is this neighborhood center located?
    The property is located at 615 114Th St Omaha, NE.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Lease Rate: $14.50 per square foot, NNN.; 7,063 square feet of space available.; 89,798-square-foot building.
    Request Owner's contact information
    615 114Th St Omaha, NE 68154
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 114Th St Omaha, NE 68154
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