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Property profile

1620 Wilshire Dr Bellevue, NE 68005

OFF-MARKET
Specialty properties
45,000 SF 2 ac lot Built 1988
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Property summary

AI-generated overview

This exceptional Class B office building at 1620 Wilshire Dr., Bellevue, NE, offers 45,000 square feet of versatile space, perfect for a variety of businesses. The building, constructed in 1988 and extensively renovated in 2022 (including a new roof in 2023), boasts a fully modernized main lobby and updated LED lighting throughout. Units range from 590 to 15,000 contiguous square feet, accommodating diverse needs. The building features keyless access, digital and static signage (added 2023), and an on-site management team ensuring efficient service. Its strategic location across from the Bellevue Police Department and City Administration building provides easy access to city services. Within a three-block radius, tenants and clients enjoy convenient access to a grocery store, fast food, and retail options. The diverse tenant mix includes law firms, retail shops, government contractors, and mental health professionals, fostering a collaborative environment. All-inclusive pricing covers utilities and common area maintenance, offering exceptional value. Ample parking is available. The building is zoned BG and features three stories, elevators, and sits on two acres of land. This is an unparalleled opportunity to establish your business in a thriving Bellevue community.

Property profile

Verified
Property type Specialty properties
Year built 1988
Total area 45,000 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office Business Park
  • Federal Government Office
  • Government Office
  • Church
  • Physician

Location

1620 Wilshire Dr Bellevue, NE 68005
Bellevue metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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