Industrial Flex Space for Sale 4515 N 56th St

Industrial for Sale
Catylist Listing ID: 30751287
Property Subtypes: Flex Space
Building Size (RSF): 17,127 SF
Gross Land Area: 1.16 Acres
Sale Price: $1,250,000
Unit Price: $72.98 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: 5.4%
Last Updated: 9/13/2021

Overview / Comments

4515 N 56 St- Professional photos coming 8-3-21

Here's a great opportunity to own industrial flex space in North Lincoln.​ With 17,127 sq.​ ft.​ this multi-tenant property is a mix of industrial and office space in both units.​ Each side has approximately 10 parking spaces in the front and space for more vehicles and/or equipment in the back.​

Unit A holds an automotive repair business with two years remaining on the lease.​ This unit has 7,053 sq ft.​ The front entrance is an office space/breakroom area of 789 sq.​ ft.​ with the working space at 6,264 sq ft.​ An overhead door is located in the front (est.​ height of 10 ft).​ A/C is for the front office only.​ Hung heating throughout the rest of the working space.​ There is a 3/4 bath area located in this unit and 3 exits in the back.​

Unit B is home to Spickelmier Horizontal Directional Drilling.​ Tenant with 4 years remaining on the lease.​ This unit is 10,074 sq ft.​ with 702 sq ft of office space/break room area and 9,372 sq ft of working space.​ There is a 12 ft overhead door located in the back of this unit.​ 1/2 bath and 3/4 bath at this location.​

Tenants pay utilities and take care of lawn and snow removal.

A great feature of this property is having a side road to back building access separate for each tenant.​ Building has been well maintained, concrete flooring in good shape.​ Many of the mechanicals have been updated within the past 5 years.​

Attachments & Media

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 17-05-418-001-000
Zoning: H-3
Property Located Between: Right off 56th and Superior, near Cornhusker highway
Highway Access: Located right of Cornhusker Highway and within a 10 minute drive to I-80
Site Description: Concrete flooring, block walls, one overhead door on each of the 2 units. Side road access on each side to the back of the building where there is space for more vehicles or equipment storage
Area Description: Located just off 56th and Superior, a Casey's gas station sits right beside this property and there are other industrial buildings surrounding in the area.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1959
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: There are approximately 10 parking spots in front of the building for each unit totaling approximately 20 parking spaces total. There is additional gravel parking in the back of the building.
Total Parking Spaces: 20
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Lighting: Fluorescent
Internet Access: Fiber Optic, Other
Interior Description: Concrete floors,block walls, there is an office in each unit that includes a breakroom area, front desk and office space, and bathroom. These areas have been updated with newer flooring.
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: WALKER ADDITION, Lot 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,210 75,768 162,266
Median Age: 37.81 31.09 32.71
Households: 2,939 29,187 66,666

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