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1718 S 51st Street

$1,850,000

1718 S 51st Street, Omaha, NE 68106

Active
Last Updated: 08/20/2025

11,467 sqft

Building Size

1.26 acres

Lot Area

Details:
Building Size:    11,467 sqft
Lot Area:    1.26 acres
Class:    C
Units:    2
Year Built:    1964
Floors:    1
Parking Spots:    82
Highlights:
  • 11,467 SF single-tenant industrial flex property
  • Two parcels totaling 55,091 SF (1.26 acres)
  • Long-term, stable credit tenant with strong redevelopment potential
  • Flexible opportunity for future retail or multifamily development
  • Prime location near Saddle Creek Road and Center Street, adjacent to Hy-Vee, Hy-Vee Gas, and Walgreens
  • Centrally located in Omaha, within a 5-minute drive of Aksarben Village and UNMC
  • United States Postal Service serving the south-central submarket of Omaha
  • Current lease has five years remaining with no extension options, allowing for maximum flexibility
Description:

Property offers the opportunity to acquire a single-tenant U.S. Post Office facility located in Omaha, Nebraska. The property consists of an 11,467 square foot building situated on two parcels totaling 1.26 acres. It is located near the intersection of Center Street and Saddle Creek Road in central Omaha. The well-situated industrial flex building is less than a 5-minute drive from the University of Nebraska Medical Center, University of Nebraska at Omaha and Aksarben Village.

The U.S. Postal Service, a long-standing and creditworthy tenant, provides stable in-place income. This investment offers a unique combination of secure near-term cash flow and strong long-term upside potential through increasing rents, repositioning or redevelopment. Upon lease expiration, the site’s size, configuration, and location make it well positioned for future redevelopment into a variety of uses, including retail, mixed-use, or multifamily.

Prime location near Saddle Creek Road and Center Street, adjacent to Hy-Vee, Hy-Vee Gas, and Walgreens. Centrally located in Omaha, within a 5-minute drive of Aksarben Village and UNMC

Map:
Documents:
Title
Offering_Memorandum_-_1718_S_51st_Street.pdf
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