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Industrial Flex Warehouse
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1620 S 3rd St, Lincoln, NE 68502

Industrial flex space with two large garage doors and paved parking for customer and logistical access.

Space SizeContact for details
Days on Market104

Property Features for 1620 S 3rd St

General Information

Standard status Active
Property subtype INDUSTRIAL

Building Details

Year Built 1977
Listing Agency: Speedway Properties
Listed By: Thomas Gifford
Source: Guiderockrealty
Added: Jun 22 Changed: Sep 9 Last Checked: Oct 2 at 5:16PM

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 Speedway Properties

Investment Insights

Based on property information with market context.

This industrial flex warehouse is suited to a range of operations, including storage and equipment repair. The space includes two large garage doors, supporting efficient loading and unloading, and is complemented by paved parking for practical day-to-day access.

The property is located south of Salt Creek, between “A” and South Street. It’s positioned to accommodate customers, employees, and logistics with on-site paved parking.

The building’s configuration and improvements are centered on vehicle access and flexible industrial use, making it a functional option for tenants seeking warehouse-style operations.

Key Highlights

  • Industrial flex space suited to uses from storage to equipment repair
  • Two large garage doors for easy loading and access
  • Paved parking area for customer, employee, and logistical access

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Big Box & Wholesale 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby
Under-served
Demand for This Use

Demographics for 68502, NE

27,238
Population
11,936
Households
2.3
Avg Household Size
36
Median Age
39%
College-Educated
90%
High-School Grad
6.7 sq mi
ZIP Area
4,065
Density / Sq Mi
$65,825
Median Household Income
$39,168
Median Earnings
$812
Median Rent
$220,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lincoln, NE

$9.24 /SF/Yr
Avg Asking Price
$6.95–$11 /SF/Yr
Price Range
4,253 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Meier's Cork N Bottle — 1244 South St, Lincoln, NE 68502
  • Geno Grubs — 1039 S 13th St, Lincoln, NE 68508

Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex space with two large garage doors and paved parking for customer and logistical access.
Where is this flex space located?
The property is located at 1620 S 3rd St Lincoln, NE.
What are key features of this property?
This property features: Industrial flex space suited to uses from storage to equipment repair; Two large garage doors for easy loading and access; Paved parking area for customer, employee, and logistical access
More about this property
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