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    FOR LEASE
    Office buildings

    11819 Miami St, Omaha, NE 68164

    65,022 SF 6.46 ac lot Built 1990
    Entity Owned 19-yr Hold Free & Clear
    Property ID
    US57-1077441
    Property summary
    AI-generated overview

    This exceptional sublease opportunity presents 12,581 square feet of traditional office space within the North Park Building 4, a single, three-story building totaling 105,154 square feet. Located at 11819 Miami Street in Omaha, Nebraska, 68164, this property boasts a desirable location near I-680 and major thoroughfares like Maple Street and West Dodge Road. The building features a beautiful park-like campus setting adjacent to the Papio Creek trail system, offering employees a pleasant and convenient work environment. The available space is immediately available and represents the minimum divisible space within the building, with a maximum contiguous space also of 12,581 square feet. Built in 2006, the building sits on a 6.45-acre lot and provides ample parking with a ratio of 5.3 spaces per 1,000 square feet. Elevators are available for convenient access to all three floors. This is an ideal location for businesses seeking a modern, well-maintained office space in a highly accessible and attractive setting.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1990
    Total area 65,022 SF
    Lot 6.46 ac (281,398 SF)
    APN 1842390281
    UPID US57-1077441
    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
    • Omni Hotels & Resorts Reservation Center Corporate Office
    • Aetna Insurance Agency
    • Careers at Malone Workforce Solutions | Malone Workforce Solutions Jobs Employment Agency
    • PAYFLEX Corporate Office
    • Malone Healthcare Employment Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $8.77M
    Owner & transaction history
    169 North Park III LLC · 19 yrs held
    169 North Park III LLC
    since 2007
    7 recorded transactions
    2007
    $374,777
    2007
    $664,000
    2007
    2007
    $807,000
    2007
    $940,000
    2007
    $1.1M
    2007
    $805,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $12.2M +28.0%
    Retail stores $10.2M +7.1%
    Medical building $9.8M +3.5%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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