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Property profile & analytics
OFF-MARKET
Office Spaces

102nd & Nicholas St Omaha, NE 68114

319,646 SF Built 2005
Property ID
Property summary
AI-generated overview

Westplex Office Park, located at N 102nd & Nicholas Streets in Omaha, Nebraska (zip code 68114), presents a compelling investment opportunity. This four-building office complex, totaling 319,646 square feet, offers a diverse range of spaces suitable for various professional businesses. Constructed in 2005, the buildings are three stories each and boast a minimum divisible space of 3,695 square feet. Currently, there is 49,344 square feet of vacant space available, providing immediate opportunities for lease income generation. The property is zoned for General Commercial use within Douglas County and benefits from its convenient location near the cross street of Nicholas Street. The multiple tenancy structure allows for flexibility and diversification of income streams. This well-maintained property offers a significant opportunity for investors seeking a substantial presence in the Omaha office market. The property's size and location make it an ideal choice for a variety of tenants and investment strategies. The existing infrastructure and modern design provide a solid foundation for long-term growth and profitability.

Property profile
Verified
Property type Office Spaces
Year built 2005
Total area 319,646 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
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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