Free standing retail building

Retail-Commercial for Sale
Catylist Listing ID: 30754239
Property Subtypes: Free-Standing Building
Building Size (RSF): 7,708 SF
Sale Price: $840,000
Unit Price: $108.98 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Play it Again Sports
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2021

Overview / Comments

Great location at 48th & Vine. Additional covered parking in LL. Many uses for this type of owner/user building.
Current Tenant lease expires 2022.
There is a ground lease that is $19,590 annually.

Current Tenants

Tenant Business Name Play It Again Sports
Is Renting? Yes

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1720238009000
Zoning: H-2
Retail Clientele: General
Property Located Between: 48th & Vine
Property Visibility: Excellent
Largest Nearby Street: 48th Street
Site Description: Sits right on the corner of 48th & Vine Streets. Excellent signage & visibility. Great parking on site as well as under ground parking
Area Description: close to one one Lincoln's busiest corners 48th & O Street.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1995
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Concrete block, with EIFS decorative accent. Foundation is poured concrete with continuous trench footings. Floors are reinforced slab on grade on the LL with poured concrete over corrugated floor panels on main floor
Total Parking Spaces: 31
Parking Type: Surface, Other
Parking Description: surface parking as well as LL garage parking

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,297 139,887 221,914
Median Age: 32.44 34.41 34.27
Households: 7,009 58,760 91,219


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