2410 73rd St Omaha, NE 68124-2395

Property Details for 2410 73rd St

Year built

1969

Lot size

0.92 lot acres

Property size

11,290 SF

Property type

Medical offices

Property subtype

Medical space

APN

801461506

APU

801461506

Description

This exceptional investment opportunity presents a fully occupied, three-tenant medical office building at 2410 S 73rd St, Omaha, NE. The single-story, 10,547 square-foot building sits on a 0.91-acre lot with 57 parking spaces. Currently housing a dental practice, orthodontist, and medical office, the property boasts a strong 8.24% cap rate and a net operating income (NOI) of $123,574, with an asking price of $1,500,000 ($142.22/sq ft). Built in 1969 and renovated in 2019, the building features a new roof (installed 2020) with a 20-year warranty. The property benefits from its strategic location near high-traffic intersections and major medical facilities like Bergan Mercy Hospital. The surrounding area shows strong demographics, with a population of approximately 315,753 within a five-mile radius and an average household income exceeding $80,000 annually. Rent bumps are available, and the property offers significant potential for income growth due to below-market rental rates. Furthermore, the property's proximity to ongoing developments, including The Crossroads mixed-use development, a new Community Alliance headquarters, and a new apartment complex, promises continued growth and increased demand in the area. This fee-simple ownership opportunity provides a stable investment with excellent upside potential.