1111 O St - Office FOR SALE


Lincoln, NE 68508- Downtown Lincoln
$5,200,000 USD
402-441-5800
1111 O St, Lincoln, NE for Sale
$5,200,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

1111 O St
Lincoln, NE 68508
Downtown Lincoln


OVERVIEW

This is a unique opportunity to purchase a building on the corner of 12th & O Street. This two-story building has been used as a satellite campus for a community college. The layout has large, open classrooms on the perimeter of a large interior hall/common area. The second floor is attached to the Skywalk system, connecting it to multiple parking garages and other downtown buildings. The building is connected to a city-owned parking garage that can accommodate most parking requirements, additionally, the elevators that service both the garage and subject property are owned and maintained by the City of Lincoln. The building is 76,334 total square feet on two floors and was built in 1979. It offers three-phase power and has a new roof that was replaced in 2022. This offering has the possibility of being redeveloped into a multi-tenant office building.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

456

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,199 SF

ZONING

B-4

APN/PARCEL ID

10-26-203-025-000

ASK ABOUT THIS PROPERTY

Richard MeginnisNAI FMA RealtyMore Info
402-441-5800

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Richard MeginnisNAI FMA RealtyMore Info
402-441-5800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.