402-616-5018
2120 S 72nd St, Omaha, NE for Sale
Office - FOR SALE
1/22
null | Request Cap Rate

2120 S 72nd St
Omaha, NE 68124
Cornish Heights


HIGHLIGHTS

  • Rare dual path investment with continued office operation and meaningful leasing upside or repositioning into residential or multifamily asset.
  • Clear lease-up opportunity, with in-place rents currently below market, giving new ownership room to drive rental rates as remaining space is leased.
  • Conversion candidate with large floor plates and a 5.06-acre site, including excess land offering the potential to add multifamily units.
  • Reserve set well below replacement cost, offering a strong basis for investors underwriting either a value-add strategy or a redevelopment strategy.
  • 681 parking spaces that comfortably support office tenancy and would exceed typical multifamily parking requirements under a conversion scenario.
  • Situated with immediate access to Aksarben Village, a walkable, amenity-rich submarket that appeals to office tenants and future residents.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Omaha Tower

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

15

BUILDING CLASS

A

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

914

LAND DETAILS

LAND ACRES

5.06 AC

LAND SF

220,414 SF

ZONING

CC

APN/PARCEL ID

3417-0004-01

ASK ABOUT THIS PROPERTY

Kurt WeederCushman & Wakefield The Lund CompanyMore Info
402-616-5018

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Kurt WeederCushman & Wakefield The Lund CompanyMore Info
402-616-5018

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.