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Arbor Professional Building

$1,600,000

2514 South 119th Street, Omaha, NE 68144

Active
Last Updated: 10/05/2021

B

Class

Triple Net

Lease Type

Details:
Class:    B
Lease Type:    Triple Net
Price Per Sqft:    $120
Tenancy:    Single
Floors:    3
Parking Spots:    72
Year Last Renovated:    1982 built with multiple renovations
Gross Leaseable Area:    13,268
Investment Strategy:    Opportunistic
Description:

Prime investment opportunity or owner occupied facility. containing 13,268 GSF, located on a tract of land containing 1.06 acres or 46,110 sf with hard surface parking for 72 cars, built in 1982, with many remodels and updates to present. New roof, New A?C and Furnaces. Building is three stories with tow main levels with separate entrances with parking on the front and back, side of the building. Class B wood frame with brick veneer in good condition. Seller will consider renting after purchase.

The property consists of a three level two story brick office building. The total area of the building is equal to 13,258 square feet and a NRA of 13,268.
Allocation of Gross Building Area:
First Level 6,300 sf
Second Level 6,402 sf
Third Level 566 sf
Total Square Feet 13,268 sf
Building is wood frame, with brick veneer and sloped asphalt shingle roof. The building is essentially divided into a first level. which is a walkout design and is accessed along the east elevation, with parking lot directly in front of entrance. The second level is accessed with a separate entrance on the west level. Third level has interior stairwell and its own exit to the south side.
The ceilings are predominantly a suspended metal track system with drop in acoustical tile and painted drywall. Wall coverings are painted drywall and floor coverings are a combination of commercial grade carpeting, tile and vinyl tile.
The property features electric central air conditioning and gas fired furnaces that utilizes same ductwork. A/C condensers are roof and ground mounted. Male and female restrooms are available on the first two levels, as well has unisex restrooms on the lower level.The property is not sprinklered.

Map:
Documents:
Title
Memorandum_Flyer_2514_S._119th_St.pdf
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Location
Gallery