1701 Windhoek

Office for Sale
Catylist Listing ID: 30468755
Property Subtypes: Business Park, Executive Suites, Office Building
Building Size (RSF): 17,675 SF
Gross Building Area: See Agent
Sale Price: $1,950,000
Unit Price: $110.33 PSF
Property Use Type: Investment, Business
Building Name: Access Point
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2019

Overview / Comments

An incredible opportunity to own office space in Lincoln Industrial Park South.

2-story brick building with upscale offices with rich, wood trim, and a fireplace. Some with balconies and adjacent assistant office. 17,675 sf of office space - 9.136 sf in single-story section built in 1994 and 8,539 sf in 2-story section built in 2001.

The building was recently converted to individual office rentals and has been very popular. Several tenants have taken multiple offices. There is also a large space leased for two years. A new owner could choose to convert the space back to a single tenant or continue with individual office rentals - a needed concept with little competition in south Lincoln.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County, Nebraska
Tax ID/APN: 09-12-304-012-000 (contact listing agent for details)
Property Visibility: Fair
Highway Access: US 77 - 2 miles I-80 - 9.5 miles via US 77
Airports: Lincoln Municipal Airport - 10 miles
Area Description: Lincoln Industrial Park South is conveniently located in southwest Lincoln just minutes from I-80, US 77, downtown Lincoln,and the SouthPointe shopping area.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1994
Year Renovated: 2019
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Level, surface parking. Six at front entrance and 43 on side of building.
Total Parking Spaces: 45
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: I-2 - Industrial Business Park
Lot Frontage: 165'
Lot Depth: 545'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: Lincoln Industrial Park South, Block 3, Lot 12

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,975 85,935 186,453
Median Age: 35.29 35.69 35.17
Households: 3,734 35,147 74,793


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