This exceptional five-story, 137,568 square foot office building presents a compelling value-add investment opportunity in Omaha, Nebraska. Located at 11128 John Galt Blvd, this Class B property boasts a prominent location at the interchange of I-80 and I-680, experiencing high daily traffic counts exceeding 193,250 vehicles. Currently 88.58% occupied, with nine tenants, including a significant long-term tenant (54% occupancy) – Election Systems & Software (ES&S) – the property offers substantial upside potential. Built in 1975 and renovated in 2017, the building features a modern first-floor common area, ample parking (554 spaces per 1,000 sq ft), and abundant natural light. The asking price is $11,000,000, representing a compelling $79.76 per square foot and a 9.51% cap rate, with a current NOI of $1,046,500. The sale includes a $2,500,000 credit towards capital expenditures and leasing renewal costs. The property sits on a 3.95-acre lot, zoned GI, and benefits from excellent interstate visibility, a spacious common break room, and proximity to numerous dining and shopping amenities. Rent bumps are available, and the building's professional tenant mix fosters a collaborative environment. Access to the Omaha metro area is within 15 minutes, and the state capital of Lincoln is reachable within 45 minutes. This is a rare opportunity to acquire a well-positioned, income-producing asset with significant growth potential.
Highlights
$11,000,000 asking price includes a $2,500,000 credit towards capital expenditures and leasing costs.
54% occupancy by long-term tenant Election Systems & Software (ES&S), with a history of expansion.
High-traffic location at the I-80 and I-680 interchange in Omaha, exceeding 193,250 vehicles daily.
Access to most of the Omaha metro area within 15 minutes.
Lincoln, Nebraska state capital, is within a 45-minute drive.
The property is located at 11128 John Galt Blvd Omaha, NE.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: $11,000,000 asking price includes a $2,500,000 credit towards capital expenditures and leasing costs.; 54% occupancy by long-term tenant Election Systems & Software (ES&S), with a history of expansion.; High-traffic location at the I-80 and I-680 interchange in Omaha, exceeding 193,250 vehicles daily.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Ember Grummons, CCIM
Grant Kobes, CCIM
Visit Broker Website
Learn more
Useful Information
Request information
John Galt Blvd Omaha, NE 68137
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
John Galt Blvd Omaha, NE 68137
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
11128 John Galt Blvd
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.