Rents now $3.95 NNN

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30295781
Property Subtypes: Flex Space, Industrial-Business Park, Office Showroom, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 17,334 SF
Gross Building Area: See Agent
Sale Price: $799,000
Unit Price: $46.09 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 3/22/2019

Overview / Comments

Under contract for sale but will accept backup offers. 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 $3.95 per square foot plus $1.50 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 $799,000. We believe it is possible to subdivide the property and sell in two parts. Currently contains 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.

For key/access to property, call Bill Waddell, 402-450-4176.

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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