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Multi-Story Office Building
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620 N 48th St, Lincoln, NE 68504

Multi-story office building within Centro Plaza, featuring a courtyard and newly painted exterior.

Property SizeContact for details
Days on Market125

Property Features for 620 N 48th St

General Information

Standard status Active
Property subtype Office

Amenities

courtyard
renovated common areas
Listing Agency: Thompson Realty Group
Listed By: Topher Thompson · License #NE 20120423
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:27AM

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 Thompson Realty Group

Investment Insights

Based on property information with market context.

This multi-story office building is located within the Centro Plaza Shopping Center. The exterior has been recently painted, and the building includes a courtyard in the center of the property. Common areas have also been recently renovated.

The building sits across from Target and Super Saver and is close to one of Lincoln’s busiest intersections at 48th & O Streets. Parking is available in front on three sides of the building.

The property is being offered for sale; interested parties should call the agent to discuss terms.

Key Highlights

  • Multi‑story office building within Centro Plaza Shopping Center at 48th & R streets
  • Building sits across from Target and Super Saver near Lincoln’s busiest intersection (48th & O Streets)
  • Courtyard in the center of the building

Property Analytics

Current Use

Mid Plains Center ... Crisis Center Sandstone Construction Construction Company Monarch Counseling Psychologist Mikki J. McBride, ... Counselor New Horizons Computer ... Vocational School

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Electrical Service Catering Service Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

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

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 - Multi-story office building within Centro Plaza, featuring a courtyard and newly painted exterior.
Where is this office building located?
The property is located at 620 N 48th St Lincoln, NE.
What are key features of this property?
This property features: Multi‑story office building within Centro Plaza Shopping Center at 48th & R streets; Building sits across from Target and Super Saver near Lincoln’s busiest intersection (48th & O Streets); Courtyard in the center of the building
More about this property
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