Auction-Note Sale- 112,800 SF Office Building

Office for Sale
Auction
Catylist Listing ID: 30278477
Property Subtypes: Office Building
Building Size (RSF): 112,800 SF
Gross Building Area: See Agent
Gross Land Area: 13.57 Acres
Sale Price: See Agent
Ceiling: 13 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 5/16/2018

Overview / Comments

NAI FMA Realty and NAI Farbman, in association with REALINSIGHT Marketplace are pleased to provide the opportunity to acquire 4600 Innovation Drive, a 112,800 square foot, Class A office facility with excellent freeway frontage on I-80/US-77. This is the first time it has been offered for sale. The lender is participating in the foreclosure auction for the asset on June 1. Assuming the lender is the successful bidder at the foreclosure auction, title will then be transferred at the June 19th-21st auction to the successful bidder. Verizon recently vacated the facility. The facility could act as a state of the art office complex with signage available on the freeway for one tenant or could be split up for multi-tenant use. It is sprinklered, has abundant parking and also a gym and cafeteria area. The site is available well below replacement cost.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 11-10-213-001-000
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2007
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Ratio: 7 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 784
Heat Source: Central
Air Conditioning: Engineered System

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,051 64,816 157,482
Median Age: 31.04 28.18 31.22
Households: 3,692 22,800 62,849

Contact

Photograph of Listing Agent

Richard W Meginnis, SIOR

NAI FMA Realty MRCIE Member
Photograph of Listing Agent

Mattison Wenzl

NAI FMA Realty MRCIE Member
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