Property profile

1229 Millwork Ave Omaha, NE 68102

OFF-MARKET
Office Spaces
187,240 SF Built 1900
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Property summary

AI-generated overview

The Ashton Building offers an exceptional sublease opportunity in the vibrant Millwork Commons district. This beautifully renovated (2020) three-story building (187,240 total square feet) boasts unique architectural details, including exposed brick and wood-beamed ceilings, creating a sophisticated and inspiring work environment. Currently, 7,411 contiguous square feet of move-in ready office space is available, divisible down to 3,705 square feet, perfect for a variety of business needs. The space features an open workspace layout, four private offices, a conference room, and a convenient kitchenette. The building is served by OPPD power and includes elevators for easy access to all three floors. Its prime location at 12th St & Millwork Ave offers unparalleled convenience, situated directly across from The Prairie, a welcoming green space ideal for breaks and community gatherings. Millwork Commons itself is a thriving hub of technology, arts, and design, fostering a collaborative and creative atmosphere. Enjoy the convenience of on-site amenities including Kros Strain Draft Works, Archetype Coffee, Sweet Magnolias Bake Shop, Clean Slate Cafe, Coneflower Creamery, and Heirloom Fine Foods Market & Cafe, all located within the building's vibrant first-floor common area. This is a rare chance to secure high-quality office space in a sought-after location. The building was originally constructed in 1900.

Property profile

Verified
Property type Office Spaces
Year built 1900
Total area 187,240 SF

Cap rate & NOI

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

Location

1229 Millwork Ave Omaha, NE 68102
Omaha 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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