9300 Underwood AveOmaha, NE 68114

Property Details for 9300 Underwood Ave

Year built

1990

Lot size

4.31 AC

Property size (Sq ft)

82,316 SF

Property type

Office buildings

APN

1023445155

APU

1023445155

Description

Embassy Tower, a prominent Omaha landmark, offers a sublease opportunity for 4,189 square feet of traditional office space. Located at 9300 Underwood Ave, Omaha, NE 68114, this Class B building boasts a total of 70,680 square feet across five stories. Built in 1990, the property sits on 4.36 acres of land and offers ample parking with a 4.25 spaces-per-1000-square-feet ratio, totaling 300 spaces. The space is part of a multi-tenant building, zoned GO (General Office) in Douglas County. This sublease provides a unique chance to secure office space in a well-established location with convenient access and amenities. The sublease agreement expires on June 30, 2025. The building's prominent location and substantial parking make it an attractive option for businesses seeking a high-visibility presence in Omaha. This is a fantastic opportunity to establish or expand your business in a well-maintained and strategically located office building. Interested parties should inquire promptly to secure this prime office space.

• CAP approach

  CAP return

  Valuation

  6%

  $17,345,552

  6.5%

  $16,011,279

  7%

  $14,867,616

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,201,408

  Geo Method

  $4,201,408

• Alternative Use

  Use

  Valuation

  Residential

  $19,853,986

  Hospitality

  $18,186,144

  Educational

  $15,130,658

  Medical

  $15,651,025

  Retail

  $23,536,580

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Latitude

41.2657

Longitude

-96.0587

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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