Garden View Retail

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30572978
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Building Status: Under Construction
Condo? Yes
Building Size (RSF): 2,500 SF
Gross Building Area: See Agent
Sale Price: $994,000
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Garden View Retail
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2020

Overview / Comments

Just east of the North 27th Street retail corridor, Garden View is a new retail and office development at North 35th & Superior with over 24,500 cars passing by daily.

The development will include three of four buildings with approximately 20,000 square feet of office and retail space that will be built to suit the buyer. Buildings can be 2,500 to 10,000 square feet.

Part of larger development with residential and a coffee shop or quick-casual restaurant with a drive-through lane this development sits adjacent to a new residential development with 110 roof tops which is scheduled for completion in 2021. The design is creating a neighborhood with retail integration that doesn’t feel out of place.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 17-06-403-023-000
Is Condo?: Yes
Zoning: H-3
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Largest Nearby Street: Superior
Highway Access: 2.2 miles to US 6 (Cornhusker Highway); 3.6 miles to I-80
Airports: Lincoln Municipal Airport (LNK) - 5.8 miles
Area Description: Just east of the North 27th Street commercial corridor, this development sits adjacent to commercial and a new residential development. The site is also located near Lincoln North Star High School, a variety of single-family and multi-family developments, offices, retail, and more.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Construction/Siding: Aluminum Siding
Exterior Description: The building exterior for office/retail buildings and the adjacent coffee shop will be architecturally themed to compliment the adjacent Garden View residential development.
Total Parking Spaces: 94
Parking Type: Surface
Parking Description: Ample shared, surface parking.
Zoning Description: H-3
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,379 84,533 169,258
Median Age: 29.34 30.83 32.65
Households: 3,513 32,760 69,116

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