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Downtown Lincoln Office Space Available
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 Market90

Property Features for 1230 O Street

General Information

Standard status Active
Size 1,512 SF - 5,815 SF
Class B
Property subtype Office - General Office

Building Details

Building Size 54,494 SF
Year Built 1928

Spaces For Lease

at 1230 O Street Contact us

Lower Level $8/SF/Yr

Size
1,979 SF
Type
Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Lower Level $8/SF/Yr

Size
4,092 SF
Type
Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 121 $15/SF/Yr

Size
1,512 SF
Type
Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

Suite 200 $15/SF/Yr

Size
5,815 SF
Type
Office
Lease Type
Full Service
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI FMA Realty
Listed By: Thomas Graf
Source: Commercialcafe
Added: May 14 Changed: Aug 8 Last Checked: Jul 16 at 5:09AM

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

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

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Grooming Service Skin Care Clinic Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,511
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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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.
More about this property
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