Lincoln Office Space For
1045 LINCOLN MALL Lincoln, NE 68508
1045 LINCOLN MALL, Lincoln, NE, 68508
Contact for pricing
For Sale
Contact for pricing
Office space with parking near Lincoln City/County Building.
Property Size4,215 SF
Price / SF$225.39
Days on Market65
Property Features for 1045 LINCOLN MALL
General Information
- Standard status
- Active
- Size
- 4,215 SF
- Property subtype
- Office
Listing Agency
Commercial Realty Group, LLC
(402) 432-9914
Listed by
Laura Bell · License #0871042
Source
Crexi
Added: May 14 Checked: Jul 17 at 9:35 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty Group, LLC
Investment Insights
Based on property information with market context.
This commercial property offers approximately 4,215 square feet of office space. The layout includes private offices with windows, a kitchen area, and a break room. A large conference room is also present. The property includes 10 dedicated parking stalls, with five secured underground and five surface spaces. Client parking is also available. The property is located within walking distance of the Lincoln City/County Building. The property is currently used as a law office and is also available for lease at $16 per square foot plus NNN (approximately $6 per square foot).
Key Highlights
- Approximately 4,215 sf of office space
- 10 dedicated parking stalls, including five secured underground
- Walking distance to the Lincoln City/County Building
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.5k | $21.00 |
| − Vacancy | −$17.7k | −$4.20 |
| EGI | $70.8k | $16.80 |
| − OpEx | −$17.7k | −$4.20 |
| NOI | $53.1k | $12.60 |
4,215 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$758.7K
$663.9K – $885.2K
NOI $53,109 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$904.2K – $1.21M
NOI $72,333 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bowman & Krieger
Law Firm
Covalt III Victor ...
Law Firm
Nebraska Medical Association
Association / Organization
Bowman Chad L ...
Law Firm
Nebraska Rheumatology Society
Medical Clinic
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FAQs
What type of property is this?
Office units - Office space with parking near Lincoln City/County Building.
Where is this office units located?
The property is located at 1045 LINCOLN MALL Lincoln, NE.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Approximately 4,215 sf of office space; 10 dedicated parking stalls, including five secured underground; Walking distance to the Lincoln City/County Building
