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Property profile & analytics
OFF-MARKET
Office Spaces

1001 Fort Crook Rd Bellevue, NE 68005

97,389 SF 19.85 ac lot Built 1965
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: a 97,389 square foot data center in Bellevue, Nebraska, currently leased to TierPoint. This single-tenant property boasts a strong 6% cap rate and a substantial net operating income (NOI) of $582,000. The lease, commencing December 31, 2005, extends to December 31, 2035, providing a remaining lease term of 11.1 years with built-in 3% annual rent increases. The property features approximately 21,000 square feet of raised floor space, along with cabinets, cages, and suites. Tenants also benefit from 10,000 square feet of business continuity seating workspace and a 300-seat recovery space. Security is paramount, with 24/7/365 electronic and on-site security personnel, two-factor authentication including biometric systems, and CCTV surveillance retaining footage for a minimum of 90 days. Power is ensured by four diesel generators totaling 5500 kW, providing a minimum 48-hour runtime and a 100% uptime SLA. Managed services include private cloud, disaster recovery, security, and colocation solutions, complemented by 24/7 remote hands technical support. This carrier-class, carrier-neutral facility offers multiple, diverse fiber access options and cloud on-ramps and fabrics. Situated on a 19.85-acre lot, the two-story building, constructed in 1965 and renovated in 2008, is zoned GB - General Business and offers 10 parking spaces per 1,000 square feet. The lease includes fifteen 1-year options, each with a continued 3% rent increase. The asking price is $9,700,000.

Property profile
Verified
Property type Office Spaces
Year built 1965
Total area 97,389 SF
Lot 19.85 ac (864,666 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • TierPoint – Bellevue Data Center Data Center IT Consulting Firm
  • 402 Vinyl (Bike/Boat/Book/etc) Store
  • John's Grecian Delight Restaurant
  • Pay Pal Atm
  • Frater Church Church Mosque
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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