39,000 SF Industrial Building Offered at $2,750,000 in Lincoln, NE

Industrial for Sale
Catylist Listing ID: 30512657
Property Subtypes: Warehouse/Distribution
Condo? Yes
Building Size (RSF): 39,000 SF
Gross Land Area: 0.91 Acres
Sale Price: $2,750,000
Ceiling: 24 ft. / 22 ft. Clear
Docks/Doors: 5 Docks
Drive In Bays: 2 Bays
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/9/2019

Overview / Comments

Property Features:
- Easy access for shipping corridors: I-80 & HWY 77
- 24' ceilings, 22 ' clear
- 3 phase power throughout
- 14 ' overhead doors
- All docks with levelers

Co-listed with Trenton Madig, NAI NP Dodge 402.255.6076

Attachments & Media

Current Tenants

Tenant Business Name Rochester Armored Car
Is Renting? Yes
SF of Space Occupied 12,000 SF
Current Rent $5 PSF (Annual)
Tenant Business Name University of Nebraska-Lincoln
Is Renting? Yes
SF of Space Occupied 10,000 SF
Current Rent $5 PSF (Annual)
Tenant Business Name Food Bank
Is Renting? Yes
SF of Space Occupied 17,000 SF
Current Rent $5 PSF (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1705407007001
Is Condo?: Yes
Zoning: I-1
Property Located Between: N. 48th & Superior St.
Highway Access: Easy access to I-80 & Hwy. 77
Airports: Lincoln Airport
Area Description: Located in Doris Bair Park
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1994
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: 20 parking spaces in addition to cross easement parking
Total Parking Spaces: 20
Sprinklers: Wet
X-Phase: Three Phase Power
Interior Description: 14' OH doors and all docks with levelers
Zoning Description: I-1: Industrial District
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Cross easement parking
Legal Description: DORIS BAIR PARK CONDOMINIUM, UNIT 1 (48.32% INTEREST)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,364 71,416 156,526
Median Age: 33.54 31.29 32.06
Households: 1,104 27,074 63,843

Contact

Photograph of Listing Agent

Chris J Vasek

NAI FMA Realty MRCIE Member
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