Downtown Lincoln Office Space
For Lease
$8 SF/Yr
1230 O Street, Lincoln, NE 68508
Prime office spaces in Lincoln's central business district for lease.
Space Size1,512 SF - 5,815 SF
Property Size54,494 SF
Days on Market135
Property Features for 1230 O Street
General Information
Standard status
Active
Size
1,512 SF - 5,815 SF
Class
B
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
54,494 SF
Year Built
1928
Spaces For Lease
at 1230 O Street Contact us- Size
- 1,979 SF
- Term
- Negotiable
Lower Level $8/SF/Yr
- Size
- 4,092 SF
- Term
- Negotiable
Lower Level $8/SF/Yr
- Size
- 1,512 SF
- Term
- Negotiable
Suite 121 $15/SF/Yr
- Size
- 5,815 SF
- Term
- Negotiable
Suite 200 $15/SF/Yr
Listed By:
Tom Graf, CCIM
(402) 202-7725
Source:
Naiglobal
Added: May 14
Changed: Sep 24
Last Checked: Sep 24 at 7:58AM
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 Tom Graf, CCIM
Investment Insights
Based on property information with market context.
Located in downtown Lincoln along the O Street corridor, Commerce Court provides accessible office space within the city’s central business district. The property is surrounded by government offices, financial institutions, and various dining, retail, and entertainment options. With direct connectivity to downtown via skywalk and close proximity to major employers and amenities, the location offers a convenient and walkable environment for employees and clients. Office space is available for lease at Commerce Court, a professionally managed downtown office building with a full-service gross lease structure. Multiple suites are available, ranging from approximately 1,500 to over 14,000 square feet, with lease rates at $15.00 per square foot for upper floors and $8.00 per square foot for lower-level space. The building features skywalk access, on-site security, shared conference facilities, and a private courtyard. Recent renovations include a remodeled first floor with updated ADA-compliant restrooms, providing a modern and functional workspace for tenants.
Key Highlights
- Highly accessible downtown Lincoln location in the central business district.
- Full‑service gross lease structure.
- Direct skywalk connectivity to downtown.
Property Analytics
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Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
3,553
Businesses Nearby
Explore this area
Business Placement
Demographics for 68508, NE
17,249
Population
7,076
Households
2.4
Avg Household Size
24
Median Age
35%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
5,750
Density / Sq Mi
$33,561
Median Household Income
$10,349
Median Earnings
$760
Median Rent
$121,400
Median Home Value
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Market
Lease Benchmarks for Lincoln, NE
$16 /SF/Yr
Avg Asking Price
$8–$32 /SF/Yr
Price Range
34,601 SF
Avg Space Size
This space is priced 50% below the average of $16 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Prime office spaces in Lincoln's central business district for lease.
Where is this office building located?
The property is located at 1230 O Street Lincoln, NE.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Highly accessible downtown Lincoln location in the central business district.; Full‑service gross lease structure.; Direct skywalk connectivity to downtown.
