Walt Peffer, Sales & Leasing AgentDon Groesser, Sales & Leasing Agent
Colleen Mason, Sales & Leasing AgentRyan Ellis, President
RAIL & COMMERCE BUILDING950 S. 10th Street | Omaha, NE 68108
OFFICE/RETAILFORLEASE
OFFERED BY:
7801 Wakeley Plaza | Omaha, NE 68114 402-397-7775
pjmorgan.com
THE STORY
THE MECCA OF MAILWhat was once a key stop during the pinnacle of railroad-delivered mail, the Rail and Commerce Building first opened its doors on July 3, 1926. Designed by W.T. Krausch, a well-known engineer of the time, and originally titled the “Burlington Mail Terminal,” the building, now listed on the National Register of Historic Places, features a unique design to best accommodate the railway which once traveled through its lower level. Along the railroad tracks was also the original connection to the 10th Street Bridge.
KETV BURLINGTON STATION
KM3TV/Bostwick-Frohardt Photograph Collection, The Durham Museum
OMAHA, THERE’S A NEW HOT SPOT IN TOWNThe Rail and Commerce Building lies right in the hub of the historic Rail and Commerce District, an area that was vital to Omaha’s economic growth from the late 1800’s to the mid-1900’s. The district’s proximity to downtown Omaha and its unique offering of historic commercial, residential and retail buildings is driving its recent boom! New, notable projects keep popping up, including the renovation of the historic Burlington Station by KETV, the addition of the Blue Barn Theater and BoxCar 10 Apartments, and the re-purposing of the Postal Annex into a year-round artisan farmer’s market. Within the next two years, the Rail and Commerce District is slated to experience phenomenal growth - an estimated $100 million dollars is currently being committed to capital improvements in the area.
BLUE BARN THEATER BOXCAR 10 APARTMENTS
The building also features the “Daylight Factory” design, which had become common to multi-storied industrial structures. The use of steel rods embedded in concrete construction allows for the creation of layer upon layer of nearly unobstructed floor space. Large windows fill the exterior walls to flood the space with natural light and fresh air.
KETV.com Min | Day ArchitectsMin | Day Architects
FUTURE:FORWARDLocated between Little Italy and the Old Market, the Rail and Commerce Building is the perfect locale for those who want to be in the mix. The modern resto-ration will include a vast array of cutting edge technology and focus on sustainability. Rooftop solar and high efficiency mechanical systems will be added, while retaining the building’s historic aesthetics and timeless architecture. The tenant mix will embrace both office and retail businesses.
The building will also include a 2,000 SF exercise facility and underground and enclosed parking, all exclusively for tenant use.
In addition to the new features, the restoration of the Rail and Commerce Building will maintain original design elements. Historic replicas will replace the current windows and the exterior and interior brick will remain exposed. The observation galleries will be restored and the original rail in the lower level will remain visible. Seventeen-foot ceilings accompanied by over-sized windows will wash workspaces with natural light and provide tenants with impressive views of downtown, exclusive to the Rail and Commerce Building.
SUNSET FROM THE ROOFTOP
DATASHEET
PROPERTY DETAILS
Rental Rate
Min SF AvailMax SF Avail
Total Contiguous Building Size
Building ClassYear Built
RenovatedZoning
No. of FloorsClearance Height
ElevatorsAC
HeatWiFi
Total Site Area
Parking RatioParking TypeTraffic Count
Lease Term
$17.85-25.00 NNN
3,500 SF9,500 SF 6,000 SF96,472 SFA18902015Central Business District417’Freight; passenger100%Forced AirAvailable21,060 SF
2:1Paved; covered8,112 EADT
5 yearsWHEEL DRUM
SPACE AVAILABILITY
Suite/Floor SF Available Rent Rate NNN
Lower Level Fully Leased N/A
First Floor 3,500 SF Restaurant $25.00 PSF
Second Floor 6,000 SF $17.85-18.00 PSF
Third Floor Fully Leased N/A
EAST DRIVE-IN ACCESS
EXTERIOR
SOUTHEAST CORNER FACING NORTHWEST
EAST SIDE FACING WEST
VIEW OF 10TH ST. BRIDGE
DEMOGRAPHICS & INTERIOR RENDERINGS
1 Mile 3 Miles
Population 12,239 103,120
Median Income $34,276 $36,343
Median Age 32 31
Total Employees 35,004 122,113
DEMOGRAPHICS - 1 & 3 MILE RADIUS
RESTAURANT RENDERINGS & FLOORPLAN
RESTAURANT OUTDOOR SEATING
RESTAURANT OUTDOOR SEATING
INTERIOR
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LOCATION
PARKING950 S. 10th St.
1. Blue Barn Theater2. Boxcar 10 Apartments3. Burlington League4. CO2 Apartments5. Donut Stop6. Dunsany Flats7. Durham Museum8. Grace University9. House of Loom10. KETV Burlington Station11. Orsi’s Pizza12. Postal Annex Farmer’s Market13. Sons of Italy14. St. Frances Cabrini Church15. U.S. Post O�ce16. Via Farina
MAP KEY
2
4
3
7
6
14
12
8
9
11
15
13
10
1
5
16
N
N
Information furnished is from sources deemed reliable, but is not guaranteed by P.J. Morgan Real Estate, or its agents and is subject to change, corrections, errors, omissions, prior sales or withdrawal, without notice.
P.J. MORGAN REAL ESTATE LEASING TEAM
Ryan EllisPresident
Colleen MasonSales & Leasing Agent
Don GroesserSales & Leasing [email protected]
402-598-0425
Walt PefferSales & Leasing Agent
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