4850 Old Cheney Rd

Industrial for Sale
Catylist Listing ID: 30295781
Property Subtypes: Flex Space, Industrial-Business Park, Office Showroom, Warehouse/Distribution
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Sale Price: $975,000
Unit Price: $97.50 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/2/2018

Overview / Comments

Second Price Reduction. Owner motivated. 25,340 cars per day. This is not vacant land, but we believe a portion of the buildings could be demolished to create more parking. 10,000 SF at 5633 S. 49th, or 7,334 or 17,334 SF at 4850 Old Cheney Rd., for lease for $6.00 per square foot plus 97 cents per square foot for triple nets. The entire 17,334 sq. ft. (per assessor) is also for lease as a whole and is for sale for $975,000. We believe it is possible to subdivide the property and sell in two parts. Currently contain a good proportion of showroom/office which could be removed. Ceilings range from 12' to 16' high and each bay has 1 to 2 overhead doors. Roof is 6 years old.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1608407014000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,953 94,491 180,273
Median Age: 37.14 38.46 35.7
Households: 5,170 38,870 73,099

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