12100 Ctr Rd Omaha, NE 68144-3940
BEL AIR PLAZA, a prominent retail center in Omaha, Nebraska, presents a unique investment opportunity. This established property, totaling 192,412 square feet across nine buildings, sits on a spacious 19.73-acre lot at the intersection of West Center Road and 120th Street. Originally constructed in 1969 and extensively renovated in 1999, the center boasts a prime location within Omaha's busiest submarket, offering excellent visibility and accessibility. The property is zoned CC and features ample front door parking with multiple access points for convenient customer traffic. Its strategic location, just one mile from I-680, ensures high traffic volume. Currently, several spaces are available for lease, ranging from 900 to 3,440 square feet, ideal for a variety of retail or service businesses. The property enjoys strong tenancy, with established businesses such as Core Bank and Horizon Dental already in place. The retail lease rate is $10-14 per square foot annually, with estimated net operating expenses of $5.21 per square foot annually. This well-maintained and strategically positioned retail center offers a compelling opportunity for businesses seeking a high-visibility location in a thriving Omaha submarket.
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Horizon Dental Center: Mc Cabe Mollie DDS Dental Office
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Dr. Mollie M. Morrison, DDS Dental Office
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Mikado Diamonds - Engagement & Bridal (Bike/Boat/Book/etc) Store
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Olmsted & Perry Consulting Engineers Inc Engineer
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Olmsted & Perry Consulting Engineers Inc. Engineering Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.