South Lincoln Industrial Park with land for expansion.

Office for Sale
Sale Pending/Contingent
Also listed as Industrial, Vacant Land
Catylist Listing ID: 30564152
Property Subtypes: Flex Space
Status: Pending/Contingent
Building Size (RSF): 8,736 SF
Gross Land Area: 1.52 Acres
Sale Price: $1,190,000
Unit Price: $136.22 PSF
Property Use Type: Investment
Building Name: 1631 Cushman
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 55
Last Updated: 9/15/2020

Overview / Comments

Current national medical supply tenant has occupied 55% of the building for two decades. Good for software/IT/web, or medical services. Quick access to Nebraska Hwy 2 and new South Bypass. Office-warehouse building in South Lincoln with two suites. Building also has 3,911 square feet of vacant space with new carpet and paint plus small warehouse in back. Additional land available for expansion in the rear of the building.

For key/access to property call Ted Eschliman, 402-420-3239.

See also our other office buildings for sale at 800 S. 13th and 130 Cherry Hill Dr.

Attachments & Media

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 09-12-303-003-000
Zoning: I2
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1992
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Stud -Brick Veneer, 5586 sf office, 3105 storage with 3 overhead doors (1 electric)
Parking Type: Surface
Total Parking Spaces: 27
Heat Type: Electricity
Heat Source: Central
Interior Description: Warmed & cool air, office areas renovated in 2019. Two Showers. 8' door, 12' door. Most offices have windows.
Zoning Description: I2
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LINCOLN INDUSTRIAL PARK SOUTH, BLOCK 2, LOT 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,352 93,786 194,570
Median Age: 34.8 35.25 35.06
Households: 3,653 38,598 78,001
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