Paxton Professional Center Penthouse Office 1414 Harney St, Omaha, NE 68102
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1 Paxton Professional Center Penthouse Office 1414 Harney St, Omaha, NE James Pearson KW Commercial 2514 S 119th St,Omaha, NE jamespearson@kw.com (402)
2 Paxton Professional Center Penthouse Office $18.00 /SF/Yr Rental Rate: $18.00 /SF/Yr Property Type: Office Property Sub-type: Medical Building Class: A Rentable Building Area: 76,585 SF Year Built: 2006 Walk Score : 94 (Walker's Paradise) Rental Rate Mo: $1.50 USD/SF/Mo The subject is located mid downtown (eastern quadrant of the Omaha metropolitan area inside the Central Business District of Omaha, Nebraska. Omaha is a stable economically diverse Midwestern city that is a part of the five-county Metropolitan Statistical Area (MSA) consisting of Douglas, Washington, Cass and Sarpy counties in Nebraska, and Pottawattamie County in Iowa. General Description The subject property is part of a mixed use project that incorporates a variety of residential, retail and condominium units together with a new parking structure to support the improvements. The entire project involved total renovation of an existing twelve story building (Paxton Building) and construction of a new four story building south of the existing building. The existing (original) building has been renovated into 58 residential condominium units on levels three through twelve, four main level retail/office condominiums, ten second floor office condominiums and a ballroom condominium. The new building has two main level retail/office condominium bays and two fourth level (subject) office condominiums along with a total of 202 parking stalls. Each condominium unit along with the parking stalls is a separate legal entity and is deeded in fee title along with an undivided interest in the common area elements. Subject The building is located at 1414 Harney Street and is a four story plus full basement structure that serves as both a parking garage and for additional retail and office. The structure consists of a pre-cast concrete panels and flooring. Exterior walls are pre-cast concrete sandblasted finish with wall heights varying from ten to fourteen feet. Windows are fund on both the south and east elevations of the building which gives the structure the appearance of being a large office building as opposed to a parking garage. The building has a calculated gross size as follows: Level Gross SF Parking Stalls Basement 20, Parking stalls Main Level 20, Parking stalls plus drive way Second Level 19, Parking stalls Third Level 19, Parking stalls Fourth Level 19, Parking stalls Gross above grade 80,224 Gross w/basement 100, Parking Stalls The building s main level consists of two retail bays having respective sizes of 4,000 sf and 2,178 sf. The larger bay on the south side is owned by American National Bank. The smaller bay located on the north side is occupied by a restaurant. The basement, second and third levels of the building are entirely devoted to parking. There is a skywalk connected to the third level which leads directly into the residential condominium units in the north building The fourth level has two office condominiums (the subject) on the south side of the structure and parking
3 4th Floor Ste 404 & Space Available Rental Rate Date Available Service Type Built Out As Space Type Space Use Lease Term 10,000 SF $18.00 /SF/Yr Immediate Triple Net Professional Services New Office Negotiable Newly renovated
4 1414 Harney St, Omaha, NE 68102
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