8951 126th St, Papillion, NE 68138-4000

This 40,500 square foot warehouse, built in 1998, sits on a 4.91-acre lot in Omaha, Nebraska's desirable Sarpy West submarket (I-1 zoning). The property boasts significant recent capital improvements, including exterior painting and major parking lot repairs. A nearly move-in-ready second-floor office space is available. The current tenant, in place for 13 years, occupies a multi-tenant building with ample opportunity for expansion. The site is underdeveloped, allowing for expanded outdoor storage/trailer parking (up to 0.5 acres) or the construction of an additional building (up to 30,000 square feet). Its prime location offers easy access to I-80 via the West Giles Rd/S 126th St interchange (1.5 miles). The Sarpy West submarket, the largest in the Omaha metro, currently has a 5.62% vacancy rate and has seen 9,345,370 square feet of new construction since 2020, totaling 27.8 million square feet. Major submarket occupants include Claas, Facebook, FedEx, Google, and Amazon. This presents a compelling investment opportunity in a thriving industrial area. The asking price is $5,500,000.