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Property profile & analytics
FOR SALE
Medical Office Space

11425 W Dodge Rd Omaha, NE 68154

11,216 SF 0.51 ac lot Built 1973
Entity Owned 4-yr Hold Free & Clear
Property ID
US57-0104149
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a single-tenant medical office building located in Omaha, Nebraska. The property, totaling 8,081 square feet on a 0.51-acre lot, is a newly renovated (2023) one-story building perfectly suited to its tenant, DaVita, Inc. This Fortune 500 company, a leading kidney care provider with over 2,724 locations, occupies the entire building under a 15-year net lease (commencing June 13, 2023, expiring June 12, 2038) with three, five-year renewal options. The lease includes a 10% rent increase every five years, providing significant long-term growth potential. The property boasts a strong 6.10% cap rate and a current NOI of $253,740, with an asking price of $4,159,679 ($514.75/sq ft). The building's location at 11425 W Dodge Rd, Omaha, NE 68154, benefits from high traffic volume (US-6 and S 114th St) and a dense, affluent population (average household income exceeding $104,000 annually within a five-mile radius). DaVita's corporate guarantee and the lease's minimal expense exposure to the landlord further enhance this investment's stability and attractiveness. The lease is a standard DaVita form used across most of its locations, minimizing risk. This is a passive, long-term investment with built-in rent growth, situated in a high-income area and backed by a financially strong, creditworthy tenant.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Total area 11,216 SF
Lot 0.51 ac (22,300 SF)
APN 1734311408
UPID US57-0104149
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
  • DaVita Omaha Home Training (pd) Medical Clinic
  • DaVita Omaha Home Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.71M
CAP Approach CAP
$2.34M
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.69M
Owner & transaction history
Genesis Kc Development LLC · 4 yrs held
Genesis Kc Development LLC
since 2022
Last sale
$1.7M
4 recorded transactions
2022
$1.7M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.1M +23.7%
Retail stores $1.8M +3.5%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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