5631 South 48th Street

Office for Sale
Catylist Listing ID: 30057364
Property Subtypes: Executive Suites, Net Leased, Office Building, General
Condo? Yes
Building Size (RSF): 18,000 SF
Gross Land Area: 2.35 Acres
Sale Price: $1,295,000
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Briarpark Plaza.
Class of Space: Class B
Sale Terms: Cash to Seller, Build-to-Suit, Other
Last Updated: 9/20/2021

Overview / Comments

Commercial Office space for sale in south Lincoln at an incredible price. The entire second floor consists of 18,000 sf total, with over 9,000 sf currently leased, and approximately 9,000 sf of vacant space remaining. High visibility and traffic area, city bus service, unique south side location, 176 parking stalls available, 45 tons of HVAC, and a newer roof.

DIRECTIONS: Office building is located on the Northwest corner of 48th Street and Old Cheney.

Current Tenants

Tenant Business Name Hoppe Law
Is Renting? Yes
Annual Revenue $16,120 (Annual)
Suite Number 220
SF of Space Occupied 2,059 SF
Tenant Business Name Hoppe Inc/PrimeSites/Hoppe Homes
Is Renting? Yes
Annual Revenue $12,720 (Annual)
SF of Space Occupied 2,586 SF
Tenant Business Name Hudson Bay Company
Is Renting? Yes
Annual Revenue $31,500 (Annual)
SF of Space Occupied 4,500 SF

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1608315001004
Is Condo?: Yes
Zoning: B-2
Property Located Between: 48th & Old Cheney
Property Visibility: Excellent
Site Description: LOT DIMENSIONS: 400 x 253 LOT FEATURES: Level RAIL SERVED: No
Area Description: NEAREST COMM AIRPORT: Lincoln Municipal DISTANCE TO COMM AIRPORT: 10 NEAREST INTERSTATE: I-80 DISTANCE TO INTERSTATE: 10
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 18,000 SF
Year Built: 1990
Roof Type: Arched
Exterior Description: Exterior: Brick Foundation: Slab Roof Material: Membrane
Parking Type: Surface
Parking Description: Common Lot, Paved
Total Parking Spaces: 176
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, T1/T3, Fiber Optic, Other
Interior Description: Building Features: ADA Accessible,Bus Service,Handicap Access,Highway Frontage,Security System,Sidewalk Flooring: Carpet,Vinyl Electric Meters: 2 Furnaces: 6 A/C Units: 6
Zoning Description: B-2
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BRIARPARK PLAZA CONDOMINIUM, AMENDED, UNIT 4 (38.5% INT) BRIARPARK PLAZA CONDOMINIUM, AMENDED, BRIARPARK PLAZA CONDOMINIUM, AMENDED, UNIT 4 (38.5% INT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,059 95,605 181,701
Median Age: 37.01 38.37 35.61
Households: 6,582 39,406 73,595

Contact

Photograph of Listing Agent

Josh Neill

PrimeSites MRCIE Member
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