$1 Auction - Former Family Dollar | Omaha 2601 N 16th St 8 418 pi² Commerce de détail Immeuble Omaha, NE 68110 160 531 $ CAD (19,07 $ CAD/pi²)

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 2601 N. 16th Street in Omaha, Nebraska 68110 (the “Property”). Formerly occupied by Family Dollar, the Property is being offered significantly below replacement cost, creating a compelling opportunity for owner-users or investors to secure a highly visible retail asset with prime frontage at an attractive basis. FIRST BID MEETS RESERVE!
Built in 2014, the Property consists of a ±8,418-SF single-story building situated on a ±0.75-acre parcel (±32,691 SF) with a concrete surface parking lot providing 29 spaces. Constructed to modern design standards, the building features an open retail floor plan with a flexible footprint adaptable to a wide range of commercial uses. The site benefits from hard corner visibility across three road frontages, with two points of ingress/egress, ±159 feet of frontage along Ohio Street, ±205 feet along N 15th Street, and ±205 feet along N 16th Street, which sees approximately ±5,095 vehicles per day (VPD). This positioning ensures strong visibility and accessibility within Omaha’s urban core. Previously leased to Family Dollar on a triple-net (NNN) basis, the Property presents a value-add opportunity through lease-up at long-term market rents, with CoStar estimating retail rental rates in the range of $17–$20/SF NNN. Zoned CC/ACI-2(PL) Community Commercial District/Area, the Property can accommodate a wide variety of retail, service, and community-oriented uses, further enhancing its flexibility and long-term investment appeal.
The Property is located in Omaha, Nebraska, the county seat of Douglas County and the state’s largest city, positioned within the NE Omaha submarket along N. 16th Street with direct frontage in the city’s urban core. Omaha’s central position in the Midwest provides convenient connectivity to Lincoln (±55-mi southwest), Des Moines (±135-mi east), Kansas City (±185-mi southeast), and Minneapolis (±375-mi north), reinforcing the city’s role as a logistics and commercial hub. The nearby Eppley Airfield (OMA) offers nonstop service to more than 30 U.S. cities, supporting both regional commerce and national reach. Douglas County anchors Nebraska’s economy with a diverse base that spans finance, logistics, healthcare, and advanced manufacturing, complemented by strong retail and education sectors. Anchors across Omaha include Union Pacific Railroad headquarters, Mutual of Omaha, Berkshire Hathaway, and the University of Nebraska Medical Center, which collectively provide long-term employment and steady consumer traffic. The surrounding corridor of the Property features a mix of national retailers, restaurants, and local service providers, including Walgreens, Dollar General, and Pritchard Auto Company, all of which generate consistent daily activity. With a metropolitan population exceeding 1 million residents, over 111k residents in a 3-mi area, and over 236k in an expanded 5-mi area with an average household income (AHHI) above $80k, the Greater Omaha trade area is supported by a growing, youthful population and nationally competitive cost of living. This combination of economic strength, connectivity, and cultural vitality reinforces Omaha’s position as a premier Midwest hub for commerce, education, and long-term investment.