Property summary
This exceptional owner-user opportunity presents a 12,120-square-foot Class B office condominium in Omaha, Nebraska's Southwest submarket. Located within the Walnut Grove Business Park at 5005 S 153rd St, zip code 68137, this two-story building, constructed in 2006, boasts a highly functional layout with a blend of open space, private offices, conference rooms, and break rooms. The property features abundant natural light from perimeter windows. Currently 100% occupied under a lease expiring June 2026, offering flexibility for immediate occupancy or continued lease income. The space is divisible into two units: 5,472 square feet (Suites 202 & 204) and 6,648 square feet (Suites 201, 203, & 205). One tenant is open to early lease termination with short notice. The current annual rent is $189,708 plus operating expenses. The asking price is $1,935,120, translating to $159.66 per square foot. This represents a significant value compared to the cost of constructing a similar asset. The property is zoned MU and situated within a thriving business park offering convenient amenities including a bank, medical offices, restaurants, gym, Walgreens, financial services, and a coffee shop. This is a rare opportunity to acquire a well-located, functional, and income-producing office condominium in a high-demand area.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Dental Office
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(Bike/Boat/Book/etc) Store Corporate Office
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The MU mixed use district is intended to accommodate projects that combine several compatible land uses into an integrated development consistent with the goals and policies of the land use and urban design elements of t…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
MU · Omaha, NEThe MU mixed use district is intended to accommodate projects that combine several compatible land uses into an integrated development consistent with the goals and policies of the land use and urban design elements of t…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The MU mixed use district is intended to accommodate projects that combine several compatible land uses into an integrated development consistent with the goals and policies of the land use and urban design elements of t…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MU in Omaha, NE.
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