Mercy Professional Building 2410 S 73rd St

Brightway Commercial is delighted to present an exceptional investment opportunity: the acquisition of a fully occupied, three-tenant medical office facility located at 2410 S 73rd St., Omaha, Nebraska.
This single-story, 10,547-square-foot medical office building is situated on a 0.91-acre lot, offering ample space for medical practices. Strategically positioned just northwest of the high-traffic intersection of West Center Road (27,000 vehicles per day) and South 72nd Street (50,000 vehicles per day), the property ensures excellent visibility and accessibility. It is merely minutes from Bergan Mercy Hospital (CHI Health Creighton University Medical Center), enhancing its appeal to medical professionals. The surrounding area boasts a population of approximately 315,753 within a five-mile radius, with an average household income exceeding $80,000 annually, indicating a robust economic environment.
The building has maintained full occupancy since its construction, primarily housing dental practices. Historically, when one dentist retires, another has seamlessly taken over the practice and tenancy, reflecting the property's strong reputation within the medical community. Current gross rental rates are below market value, presenting investors with the opportunity to increase rates upon lease renewals or new tenant agreements, thereby enhancing the property's income potential. A new roof was installed in 2020, accompanied by a 20-year warranty, reducing future maintenance costs and adding to the property's appeal.
Located approximately 1.5 miles north at 72nd and Dodge, The Crossroads is undergoing a significant transformation into a dynamic mixed-use development. This project aims to revitalize central Omaha by merging retail, business, art, entertainment, and healthcare, enhancing the area's vibrancy and economic activity. Situated nearby at 72nd and Mercy Road, Community Alliance has constructed a new 120,000-square-foot headquarters. This facility enhances the area's healthcare infrastructure and increases foot traffic, benefiting neighboring businesses. Construction is underway on a four-story, 200-unit apartment building near 71st and Mercy Road, adjacent to the recently completed Community Alliance building. This development is expected to bring additional residents to the area, potentially increasing demand for local services and amenities.
This property represents a compelling investment opportunity, combining a prime location, stable tenancy, and significant potential for income growth amidst a thriving and developing community.