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Omaha Tower 2120 S 72nd St 182,770 SF 88% Leased 4-Star Office Building Omaha, NE 68124 $19,000,000 ($103.96/SF)


Investment Highlights
- Explore the chance to acquire Omaha Tower at 2120 S 72nd Street, Omaha's only multi-tenant high-rise office tower outside the city center.
- Accessibility is of no concern to occupants, with ample covered parking available and an overall parking ratio of 5 spaces per 1,000 square feet.
- With Omaha's methodical roadmap, commuters enjoy swift access to Interstate 80 and a seamless 20-minute drive to downtown.
- Renovated in 2019 for today's workforce, Omaha Tower offers tenants first-class amenities, including a café and a state-of-the-art fitness center.
- At the junction of 72nd Street and Mercy Road, access to communities like Aksarben Village makes the area ideal for work and lifestyle pursuits.
- Omaha Tower is a compelling investment opportunity with an increasing population due to affordable living costs and proximity to industry giants.
Executive Summary
Introducing Omaha Tower, a prestigious 182,770-square-foot office complex at 2120 S 72nd Street. Constructed in 1979 and meticulously renovated in 2019, this 15-floor marvel stands on a sprawling 5.06-acre site. Ideally located at the intersection of 72nd Street and Mercy Road, Omaha Tower is the greater Omaha region's premier office destination.
Step into a world of sophistication as the recently enhanced interior showcases modern finishes that add a touch of elegance to this iconic structure. Offering various amenities, including covered parking, a vibrant cafe, state-of-the-art fitness center, and shared conference rooms, Omaha Tower provides an exceptional work environment for its tenants.
This unique multi-tenant high-rise stands as the only tower of its kind outside the downtown core. With proximity to Aksarben Village, a walkable community featuring diverse shops, restaurants, bars, and green spaces, The Omaha Tower is the perfect lifestyle destination. The Shoppes at Aksarben and other nearby retail and dining options make the area an attractive hub for work, dining, and entertainment.
Strategically positioned off the 72nd Street corridor and minutes from Interstate 80, Omaha Tower offers unparalleled visibility and access. As a critical transportation hub, the greater Omaha area benefits from a network of interstate highways, railroads, motor freight, air, and river transportation. 2120 S 72nd Street offers a one-way commute to the city's metro area by various roadway options.
Embrace a city that offers an affordable lifestyle, as Omaha proudly holds a cost of living score of 93.6, approximately 6.4% below the national average. Omaha is a thriving community with a projected population growth of 1.1 million by 2035. Home to Fortune 500 companies like Union Pacific, Mutual of Omaha, and Kiewit, Omaha boasts economic vibrancy and promises a future of growth and prosperity. Secure ownership of the distinguished Omaha Tower, a premier investment opportunity in a flourishing locale with exceptional connectivity.
Step into a world of sophistication as the recently enhanced interior showcases modern finishes that add a touch of elegance to this iconic structure. Offering various amenities, including covered parking, a vibrant cafe, state-of-the-art fitness center, and shared conference rooms, Omaha Tower provides an exceptional work environment for its tenants.
This unique multi-tenant high-rise stands as the only tower of its kind outside the downtown core. With proximity to Aksarben Village, a walkable community featuring diverse shops, restaurants, bars, and green spaces, The Omaha Tower is the perfect lifestyle destination. The Shoppes at Aksarben and other nearby retail and dining options make the area an attractive hub for work, dining, and entertainment.
Strategically positioned off the 72nd Street corridor and minutes from Interstate 80, Omaha Tower offers unparalleled visibility and access. As a critical transportation hub, the greater Omaha area benefits from a network of interstate highways, railroads, motor freight, air, and river transportation. 2120 S 72nd Street offers a one-way commute to the city's metro area by various roadway options.
Embrace a city that offers an affordable lifestyle, as Omaha proudly holds a cost of living score of 93.6, approximately 6.4% below the national average. Omaha is a thriving community with a projected population growth of 1.1 million by 2035. Home to Fortune 500 companies like Union Pacific, Mutual of Omaha, and Kiewit, Omaha boasts economic vibrancy and promises a future of growth and prosperity. Secure ownership of the distinguished Omaha Tower, a premier investment opportunity in a flourishing locale with exceptional connectivity.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
182,770 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1976/2004
Price
$19,000,000
Price Per SF
$103.96
Percent Leased
88%
Tenancy
Multiple
Building Height
15 Stories
Typical Floor Size
12,184 SF
Slab To Slab
12’
Building FAR
0.83
Lot Size
5.06 AC
Zoning
CC - Community Center
Parking
914 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Fitness Center
- Property Manager on Site
- Restaurant
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite 500- 6,640 square feet.
Suite 600- 7,322 square feet.
Suite 725- 4,684 square feet.
Suite 1100- 2,928 square feet.
Suite 1111- 2,107 square feet.
Suite 1275- 2,671 square feet.
Suite 1350- 6,564 square feet.
Suite 1475- 3,320 square feet.
| Space | Size | Space Use | Build-Out | Available |
| 5th Fl-Ste 500 | 6,640 SF | Office | Full Build-Out | Now |
| 6th Fl-Ste 600 | 7,322 SF | Office | Full Build-Out | Now |
| 7th Fl-Ste 725 | 4,684 SF | Office | Full Build-Out | 60 Days |
| 11th Fl-Ste 1100 | 2,928 SF | Office | Full Build-Out | 30 Days |
| 11th Fl-Ste 1111 | 2,107 SF | Office | Full Build-Out | Now |
| 12th Fl-Ste 1275 | 2,671 SF | Office | Full Build-Out | Now |
| 13th Fl-Ste 1350 | 6,564 SF | Office | Full Build-Out | 60 Days |
| 14th Fl-Ste 1475 | 3,320 SF | Office | Full Build-Out | Now |
5th Fl-Ste 500
| Size |
| 6,640 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
6th Fl-Ste 600
| Size |
| 7,322 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
7th Fl-Ste 725
| Size |
| 4,684 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 60 Days |
11th Fl-Ste 1100
| Size |
| 2,928 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
11th Fl-Ste 1111
| Size |
| 2,107 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
12th Fl-Ste 1275
| Size |
| 2,671 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
13th Fl-Ste 1350
| Size |
| 6,564 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 60 Days |
14th Fl-Ste 1475
| Size |
| 3,320 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
5th Fl-Ste 500
| Size | 6,640 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 500- 6,640 square feet.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
6th Fl-Ste 600
| Size | 7,322 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 600- 7,322 square feet.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
7th Fl-Ste 725
| Size | 4,684 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 60 Days |
Suite 725- 4,684 square feet.
11th Fl-Ste 1100
| Size | 2,928 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Suite 1100- 2,928 square feet.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
11th Fl-Ste 1111
| Size | 2,107 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 1111- 2,107 square feet.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
12th Fl-Ste 1275
| Size | 2,671 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 1275- 2,671 square feet.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
13th Fl-Ste 1350
| Size | 6,564 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 60 Days |
Suite 1350- 6,564 square feet.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
14th Fl-Ste 1475
| Size | 3,320 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Suite 1475- 3,320 square feet.
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
11,301
95,420
319,371
2025 Population
11,582
96,451
324,567
Population Growth '20-'25
2.5%
1.1%
1.6%
2020 Households
5,214
42,339
131,815
2025 Households
5,390
43,092
134,896
Household Growth '20-'25
3.4%
1.8%
2.3%
Average Age
37
39
38
Median Household Income
$66,321
$71,847
$65,586
Daytime Employees
21,311
105,326
228,894
Total Businesses
2,459
13,140
24,611
College Degree + Higher
49%
42%
33%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| The Drover Restaurant | Steak | $$$ | 2 min walk |
| Voodoo Taco | Mexican | $$ | 23 min walk |
| Gold Mountain Restaurant | - | - | 15 min walk |
| Starbucks | Cafe | $ | 15 min walk |
| Beacon Hills | American | $$ | 15 min walk |
Retail |
||
|---|---|---|
| Walmart | Dept Store | 10 min walk |
| Massage Envy | Massage | 15 min walk |
| Chase Bank | Bank | 16 min walk |
| Scissors & Scotch | Salon/Barber/Spa | 15 min walk |
| Verizon | Wireless Communications | 17 min walk |
Hotels |
|
|---|---|
| Hilton Garden Inn |
131 rooms
3 min drive
|
| aloft Hotel |
111 rooms
4 min drive
|
| DoubleTree by Hilton |
179 rooms
4 min drive
|
| Courtyard |
134 rooms
3 min drive
|
| Residence Inn |
118 rooms
4 min drive
|
Property Taxes
| Parcel Number | 3417-0004-01 | Improvements Assessment | $13,841,500 |
| Land Assessment | $2,128,500 | Total Assessment | $15,970,000 |
Property Taxes
Parcel Number
3417-0004-01
Land Assessment
$2,128,500
Improvements Assessment
$13,841,500
Total Assessment
$15,970,000
Sale Advisors
Kurt Weeder, Senior Associate
At Cushman & Wakefield/The Lund Company, Kurt is responsible for sales and leasing of office, retail and industrial properties. Kurt is also lead point on the Union Pacific Railroad (UPRR) account, which provides representation on UPRR leased facilities and lease administration throughout the United States. In addition, Kurt handles investment consulting and specializes in landlord representation. Throughout his career, Kurt has been involved in more than 15.9M square feet of real estate transactions valued at more than $119M. Kurt is a member of The Lund Company’s 2017 and 2021 Top Producers’ Club and plays an integral part of The Lund Company’s office market team.
Kurt has been with The Lund Company since 2002, where he started as a property manager and transitioned to the brokerage division. His experience as a property manager included the management of 1.5 million square feet of retail, office and industrial properties and a portfolio consisting of 12 properties. Prior to joining The Lund Company, Kurt operated a construction company he founded in 1999.
Kurt attended Creighton University in Omaha, NE with an Army ROTC scholarship and served two years on active duty in the U.S. Army. Kurt is a licensed real estate salesperson in Nebraska. He has coached high school girls and AAU boys basketball in Omaha and has refereed at USA Rugby competitions around the United States.
Kurt has been with The Lund Company since 2002, where he started as a property manager and transitioned to the brokerage division. His experience as a property manager included the management of 1.5 million square feet of retail, office and industrial properties and a portfolio consisting of 12 properties. Prior to joining The Lund Company, Kurt operated a construction company he founded in 1999.
Kurt attended Creighton University in Omaha, NE with an Army ROTC scholarship and served two years on active duty in the U.S. Army. Kurt is a licensed real estate salesperson in Nebraska. He has coached high school girls and AAU boys basketball in Omaha and has refereed at USA Rugby competitions around the United States.
Jason Fisher, Chief Executive Officer
Jason serves as chief executive officer of Cushman & Wakefield/The Lund Company, which has been among the top commercial real estate brokerage firms in the Omaha and Eastern Nebraska region for over 40 years. Jason leads over 400 professionals offering a full range of services, including brokerage, valuation and consulting, client representation, property/facility management, along with project management and development.
Starting with The Lund Company in 2004, Jason became president in 2010 and assumed the role as CEO in 2022. With Jason’s innovation and commitment to customer service, the Company has seen remarkable growth with annual revenues increasing from $4 million, in 2004, to $38 million currently. In addition to providing strategic leadership, establishing long-range goals, strategies, plans and policies for the Cushman & Wakefield/The Lund Company, Jason has played a critical role in many of Omaha’s significant real estate projects, several of which have won prestigious, local Development Project and/or Deal of the Year awards.
Being an active member of the Omaha community, Jason has served or is currently serving on/for the following Boards/Organizations: B.R.A.N.C.H.
(Nebraska Children’s Home), Cystic Fibrosis Foundation, Leadership Omaha Curriculum Committee, Omaha by Design, The Greater Omaha Chamber of Commerce and the Chamber’s Retail Advisory Group,
along with The Nebraska Children’s Home Society. Jason is a member of the YPO (Young Presidents’ Organization) and has served as the YPO Nebraska Chapter Education Chair and President. He also serves on the Cushman & Wakefield’s Regional Alliance executive committee.
Starting with The Lund Company in 2004, Jason became president in 2010 and assumed the role as CEO in 2022. With Jason’s innovation and commitment to customer service, the Company has seen remarkable growth with annual revenues increasing from $4 million, in 2004, to $38 million currently. In addition to providing strategic leadership, establishing long-range goals, strategies, plans and policies for the Cushman & Wakefield/The Lund Company, Jason has played a critical role in many of Omaha’s significant real estate projects, several of which have won prestigious, local Development Project and/or Deal of the Year awards.
Being an active member of the Omaha community, Jason has served or is currently serving on/for the following Boards/Organizations: B.R.A.N.C.H.
(Nebraska Children’s Home), Cystic Fibrosis Foundation, Leadership Omaha Curriculum Committee, Omaha by Design, The Greater Omaha Chamber of Commerce and the Chamber’s Retail Advisory Group,
along with The Nebraska Children’s Home Society. Jason is a member of the YPO (Young Presidents’ Organization) and has served as the YPO Nebraska Chapter Education Chair and President. He also serves on the Cushman & Wakefield’s Regional Alliance executive committee.
Dylan McCabe, Associate
Dylan joined Cushman & Wakefield/The Lund Company in 2020 as an Associate for the Company’s brokerage division. He is responsible for marketing, leasing and sales of commercial real estate properties.
Dylan is a graduate of the University of Nebraska-Lincoln with a degree in Finance. While at UNL he was a four-year letterman on the Husker golf team, earning a Big Ten Sportsmanship Award in 2019. Dylan is a licensed real estate salesperson in Nebraska and received his Certified Commercial Investment Member (CCIM) designation in 2022 to broaden his industry experience.
Dylan is a graduate of the University of Nebraska-Lincoln with a degree in Finance. While at UNL he was a four-year letterman on the Husker golf team, earning a Big Ten Sportsmanship Award in 2019. Dylan is a licensed real estate salesperson in Nebraska and received his Certified Commercial Investment Member (CCIM) designation in 2022 to broaden his industry experience.
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Street
Map
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Omaha Tower | 2120 S 72nd St
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