Industrial/Flex Building For Sale

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30759077
Property Subtypes: Flex Space, Light Industrial
Status: Pending/Contingent
Building Size (RSF): 5,000 SF
Gross Land Area: 0.54 Acres
Sale Price: $550,000
Unit Price: $110 PSF
Drive In Bays: 5 Bays
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2021

Overview / Comments

This is a great opportunity to own an industrial/flex building in North Lincoln. There are currently two tenant spaces. One is 2,190 sf with two drive-in bays with12'x12' doors. The other is approximately 2,810 sf with three drive-in bays with 12' x 12' doors. Air conditioning in the body shop side. Floor drains in both units.

Ample paved parking with easy access from Cornhusker Highway.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $3,318 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 11-12-402-023-000
Zoning: I-1 - INDUSTRIAL DISTRICT
Property Located Between: Cornhusker Hwy and Judson St
Highway Access: 2 blocks to US 6; 7 miles to I-80
Airports: 4 miles to Lincoln Municipal Airport (LNK)
Area Description: Industrial area
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Built: 1981
Construction/Siding: Metal Siding, Steel Frame
Parking Type: Surface
Total Parking Spaces: 30
Eave Height: 13
Heat Type: Natural Gas
Heat Source: Other
Lot Frontage: 128
Lot Depth: 188
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: CORNHUSKER INDUSTRIAL PLAZA, BLOCK 3, Lot 1, N1/2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,832 105,486 195,468
Median Age: 29.93 29.73 33.37
Households: 3,879 41,850 79,444

Contact

Photograph of Listing Agent

Connie Reddish

RE/MAX Concepts MRCIE Member
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