127 S 37th St, Lincoln, NE
Well-maintained office building with tenant in place and upside.
- Added:
- Apr 18, 2025
- Days on Market:
- 423
- Last Refresh:
- May 20 at 9:43 pm
Property Features for 127 S 37th St
General Information
- Standard status
- Active
- Size
- 5,270 SF
- Lot size
- 0.53 Acres
- Property subtype
- OFFICE
Properties For Sale
at 127 S 37th St Contact usListing agent Jared Froehlich, CCIM, SIOR (402) 570-9991
Listing office NAI FMA Realty (402) 570-9991
Listing date Apr 18, 2025
Source Moodyscre
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 NAI FMA Realty
HighLights
- Centrally located office building.
- Offers flexibility for investors and owner‑users.
- One suite currently leased, providing stable income.
- Second suite available for immediate occupancy.
- Existing tenant has 3 years remaining on the lease.
- Well‑maintained property.
Overview
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 | $110.7k | $21.00 |
| − Vacancy | −$22.1k | −$4.20 |
| EGI | $88.5k | $16.80 |
| − OpEx | −$22.1k | −$4.20 |
| NOI | $66.4k | $12.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6686
- Latitude
- 40.8129