Investment Property-New 5 Year Lease

Office for Sale
Sale Pending
Catylist Listing ID: 30765606
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 1,140 SF
Gross Building Area: See Agent
Sale Price: $165,000
Unit Price: $144.74 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/25/2021

Overview / Comments

Fully leased investment property with a new, five-year term and NNN lease structure. The lease has substantial annual rent increased with below-market rent creating future upside. Great central location just minutes from downtown. The space has four private offices, one restroom, and a reception area. The condo includes one covered parking stall and storage unit. The first-year Cap Rate is 5.8%. Contact agent for NDA and full financial information.

Attachments & Media

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1731200017000
Zoning: B-1
Year Built: 1984
Total Parking Spaces: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,504 147,260 236,933
Median Age: 36.98 35.29 34.74
Households: 8,417 61,208 96,137

Contact

Photograph of Listing Agent

Jared Froehlich

NAI FMA Realty MRCIE Member
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