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    5431 S 16Th St Lincoln, NE 68508

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    For Lease
    Contact for pricing

    Premier mixed-use development with retail, restaurant, and office spaces.

    Property size:
    8,000 SF
    Lot size:
    0.97 Acres

    Property Features for 5431 S 16Th St

    General Information

    Size
    8,000 SF
    Lot size
    0.97 Acres

    Source: Colliers | Omaha Agent Amy Olson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Upscale Mixed-Use Development For Rent

    Kensington Center is a mixed-use development featuring office and retail spaces. The center includes four restaurants: Culvers, Mr. Goodcents, Dairy Queen Grill and Chill, and Scooters Coffee and Yogurt. It also houses the Old Cheney Rehabilitation Center, a 40,000 square foot skilled nursing facility, along with Jorgensen Physical Therapy Group and Athletico. Other businesses include Blush Bridal, Organic Nails, Kids Park Daycare, Capital Cigar Bar, and Riverstone Bank. The location at the intersection of 14th and Old Cheney experiences over 37,000 cars daily.
    Location Intelligence

    Current Use by Public Records

    Old Cheney Rehabilitation Nursing Home

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.7003325
    Latitude
    40.757401

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    FAQs

    What type of property is this?
    Shopping center - Premier mixed-use development with retail, restaurant, and office spaces.
    Where is this shopping center located?
    The property is located at 5431 S 16Th St Lincoln, NE.
    What are key features of this property?
    This property features: - Premier, upscale mixed-use development.; - High traffic volume location (37,000+ cars daily).; - Diverse mix of on-site businesses and services.
    (402) 345-5866
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    5431 S 16Th St Lincoln, NE 68508
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    Lincoln, NE 68508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5431 S 16Th St Lincoln, NE 68508
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