Retail Storefront
For Sale
$635,000
3615 N 44 Street, Lincoln, NE 68504
For sale storefront retail property with bank use listed among the available commercial property types.
Property Size3,570 SF
Price / SF$177.87
Days on Market100
Property Features for 3615 N 44 Street
General Information
Standard status
Active
Size
3,570 SF
Property subtype
Multi-Family
Building Details
Year Built
1973
Listing Agency:
BHHS Ambassador Real Estate
Listed By:
Heidi Cline
(402) 350-9494
Source:
Tenaciousrealty
Added: Jun 30
Changed: Oct 6
Last Checked: Oct 7 at 12:32PM
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 BHHS Ambassador Real Estate
Investment Insights
Based on property information with market context.
This is a for-sale storefront retail property presented under commercial real estate listings that also include bank use. The property is marketed as a retail space suitable for business storefront operations, with the asset classification reflecting its potential retail and banking-related use profile.
The property address is 3615 N 44th St, Lincoln, NE 68504.
The property address is 3615 N 44th St, Lincoln, NE 68504.
Key Highlights
- Storefront retail property listed for sale
- Year built: 1973
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,058
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,160
$841.2K
Cap Rate 7%
$600,829
$600.8K
Cap Rate 9%
$467,311
$467.3K
Market Conditions
NOI Build-Up for 3,570 SF
Gross rent
$64.3K $18.00/SF
− Vacancy
−$4.2K −$1.17/SF
EGI
$60.1K $16.83/SF
− OpEx
−$18.0K −$5.05/SF
NOI
$42.1K $11.78/SF
Area
Lincoln, NE
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,160
Cap Rate 7%
$600,829
Cap Rate 9%
$467,311
Alternative Uses
Best Use
Retail
$600.8K
$525.7K – $701.0K
NOI $42,058 @ 7.0% cap · market cap 6.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$875.2K
$765.8K – $1.02M
NOI $61,265 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Lincoln #19
Shops & Services
16,844 visits/mo
0.3 miles
Meineke Car Care Center
Shops & Services
569 visits/mo
0.4 miles
Demographics for 68504, NE
17,155
Population
8,793
Households
2
Avg Household Size
31
Median Age
33%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$52,159
Median Household Income
$32,787
Median Earnings
$1,014
Median Rent
$169,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - For sale storefront retail property with bank use listed among the available commercial property types.
Where is this storefront property located?
The property is located at 3615 N 44 Street Lincoln, NE.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Storefront retail property listed for sale; Year built: 1973
