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Property profile & analytics
FOR LEASE
Medical Office Space

2206 Longo Dr Bellevue, NE 68005

20,585 SF 6.05 ac lot Built 1999
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US57-0048199
Property summary
AI-generated overview

The Bellevue Professional Center, located at 2206 Longo Dr, Bellevue, NE 68005, offers exceptional office space in a prime location. This single, two-story building totals 56,128 square feet, situated on a 6.12-acre lot. The property boasts a 1.17 load factor and currently has 23,880 square feet of vacant space available, divisible into units as small as 5,700 square feet. Three suites are available, ranging from 5,700 to 9,540 square feet. Suite 102 (9,540 sq ft) will be available January 1, 2025. Suite 201 is 8,640 sq ft and Suite 207 is 5,700 sq ft. The building features ample parking (4.5 spaces per 1,000 square feet), elevators, and is zoned for general business use. Built in 1999, this well-maintained building enjoys a convenient location near the Kennedy Freeway and Fort Crook Road & Harvell Drive, offering easy access to Offutt Air Force Base, shopping, and entertainment. The lease rate is $15.75 per square foot, NNN. Importantly, the City of Bellevue owns the property, resulting in low NNN expenses. This presents a unique opportunity for businesses seeking efficient, well-located office space in a thriving community.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Construction CONCRETE
Total area 20,585 SF
Lot 6.05 ac (263,666 SF)
APN 11575693
UPID US57-0048199
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
  • SAIC Inc Company
  • Nicole Sova, PT Physician
  • Bellevue VA Clinic Medical Clinic
  • VA Nebraska-Western Iowa Health Care System Medical Clinic
  • Clinical Research Advantage Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.35M
Blend (final) Blend
$2.22M
Owner & transaction history
Longo Drive LLC · 10 yrs held
Longo Drive LLC
since 2015
2 recorded transactions
2015
$5.2M
2010
$5.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.6M +43.8%
Auto repair, garage $2.5M +39.0%
Retail stores $2.3M +27.6%
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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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