"O" Street Strip Center For Sale

Retail-Commercial for Sale
Sale Pending
Also listed as Office, Shopping Center
Catylist Listing ID: 30732133
Property Subtypes: Day Care Facility, Mixed Use, Street Retail
Status: Pending
Building Size (RSF): 6,600 SF
Gross Building Area: See Agent
Gross Land Area: 27,007 SF
Sale Price: $695,000
Unit Price: $105.30 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Undisclosed, Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/9/2021

Overview / Comments

We are pleased to offer this incredible owner/user or value-add investor opportunity. Occupy the currently vacant 2,200 SF space and enjoy low operating expenses by splitting costs with tenants, or, lease the vacant space and turn this into an amazing value add investment. It is hard to come by a property of this price in such a good location. Don't miss out on this wonderful opportunity.

- Location, Location, Location
- Great investment property or owner/user looking to recover operating expenses
- 56th and "O" Street high-traffic corridor
- Property has easy access from two sides
- 3-tenant property with a 2200 SF bay available
- Two existing long-term tenants
- Month-to-month leases will provide the new owner with leasing flexibility
- Parking lot is part of a condo association that allows cross-parking
- 4400 SF currently leased with 2200 SF available
- One of the best values around for this excellent property

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 17-20-416-010-002
Zoning: H2-HIGHWAY BUSINESS DISTRICT
Property Located Between: 56th and "O" St
Property Visibility: Excellent
Largest Nearby Street: "O" Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,600 SF
Property Condition: Good
Year Built: 1982
Total Parking Spaces: 50
Parking Type: Surface
Parking Description: The property is a part of a 3 building condo association that allows for cross-parking.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,584 132,614 221,209
Median Age: 38.13 34.85 34.57
Households: 7,557 55,076 90,950

Contact

Photograph of Listing Agent

Nick Wilkinson

PRISM MRCIE Member
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