Northcreek Investment/Devleopment

Office for Sale
Catylist Listing ID: 30058026
Property Subtypes: Business Park, Office Building
Building Size (RSF): 39,871 SF
Gross Land Area: 30 Acres
Sale Price: $7,900,000
Unit Price: $198.14 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller, Other
Last Updated: 12/12/2017

Overview / Comments

Investment & development opportunity. This offering includes four income producing buildings and 30+ acres of H-3 & H-4 land. NO IMPACT FEES for this area! This site has visibility from I-80 and is close to retail, restaurants, & other amenities. All current leases are NNN and the buildings are being offered at a 7% CAP Rate. The land is valued at approximately $3.70/SF

TENANT PAYS: Electric,Gas,Trash,Water,Interior Maint.,Janitorial Service,Exterior Maint.,Common Area Maint.,Snow Removal,Lawn Care,Real Estate Taxes

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $59,534 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Submarket/Township: NW Lincoln-14
Tax ID/APN: 1236416008
Zoning: H-3
Site Description: LOT DIMENSIONS: unknown RAIL SERVED: No
Area Description: NEAREST COMM AIRPORT: Lincoln Municipal DISTANCE TO COMM AIRPORT: 7 NEAREST INTERSTATE: I-80 DISTANCE TO INTERSTATE: 1 DISTANCE TO 4-LN HIGHWAY: 2
Year Built: 2002
Parking Description: Common Lot,Paved
Total Parking Spaces: 162
Legal Description: Multiple see agent for exact

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,748 50,600 139,063
Median Age: 35.65 30.39 31.54
Households: 2,563 20,331 56,098

Contact

Photograph of Listing Agent

Chris J Vasek

NAI FMA Realty MRCIE Member
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