Securities Building Listing Details & Market Data

The Securities Building is located at the intersection of 16th & Farnam St in Downtown Omaha. In a downtown district where every corner scene belongs on a postcard, Market West manages to stand out. With a strong sense of self and a collaborative community, the neighborhood exudes a distinctive character that doesn’t compete with, but complements, the neighboring historic Old Market. Together, both neighborhoods create the western-most portion of Downtown Omaha. This centralized location blossoms with opportunities for residential communities and commercial businesses, as well as civic and nonprofit organizations. Renovated brick buildings line original cobblestone alleys, containing rentals situated alongside diverse neighbors like a family-run grocery store, international development foundation, architectural firm, and the Omaha Symphony offices. Perhaps this collection of professional establishments, anchored to the neighborhood under posh lofts and upscale apartments, defines Market West more than anything else.Oak Investment Real Estate is pleased to present the opportunity to purchase Securities Building. Located in the heart of Downtown Omaha with direct access to the site is available from 16th Street along the West and Farnam Street on the North side of the parcel. The nearby access to Interstate 480 serving the entire downtown area. The downtown rental market has had historically strong occupancy. There have been many new developments added in the immediate area in the past 5 years and occupancy levels remain strong. Per CoStar, Omaha’s Downtown vacancy rate is approximately 8.4%. The property was substantially renovated in 1996 with historically relevant features of the building preserved. The ground floor consists of restaurant and retail space and anchored by the Douglas County Courthouse, Gene Leahy Mall and several large office users including First National Bank and Union Pacific. With a strong and diverse economy, Omaha continues to have stable unemployment and steady population growth.Office/Retail for Lease