Two-Story Office Building For
1301 W Highland Blvd Lincoln, NE 68521
1301 W Highland Blvd, Lincoln, NE, 68521
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For Sale
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Two-story office building in northwest Lincoln with highway access.
Property Size137,671 SF
Price / SF$107.14
Days on Market791
Property Features for 1301 W Highland Blvd
General Information
- Standard status
- Active
- Size
- 137,671 SF
- Property subtype
- Industrial, Mixed Use, Office, Self Storage
Building Details
- Year Built
- 2005
Listing Agency
CBRE - Omaha
(402) 697-5808
Listed by
Cole Scott · License #01234567
Source
Crexi
Added: May 20, 2024 Checked: Jul 17 at 6:30 am
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 CBRE - Omaha
Investment Insights
Based on property information with market context.
This two-story, single-tenant office building is located in northwest Lincoln, at the southwest corner of NW 12th Street and W Highland Boulevard. The property offers convenient access to I-80 and Highway 34. The property size is 137671 square feet. This property presents an opportunity for ownership or leasing.
Key Highlights
- Single‑tenant office building
- Located in northwest Lincoln
- Built in 2005
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.97M | $14.28 |
| − Vacancy | −$51.1k | −$0.37 |
| EGI | $1.91M | $13.91 |
| − OpEx | −$574.4k | −$4.17 |
| NOI | $1.34M | $9.74 |
137,671 SF · lease $14.28/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Office B
$24.78M
$21.68M – $28.91M
NOI $1,734,655 @ 7.0% cap · market cap 11.76%
Second Best
Industrial
$19.15M
$16.75M – $22.34M
NOI $1,340,379 @ 7.0% cap · market cap 9.09%
Theoretical Best
Office A
$33.75M
$29.53M – $39.38M
NOI $2,362,567 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
USCIS
Government Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-story office building in northwest Lincoln with highway access.
Where is this office building located?
The property is located at 1301 W Highland Blvd Lincoln, NE.
What is the asking price?
The asking price for this property is $14,750,000.
What are key features of this property?
This property features: Single‑tenant office building; Located in northwest Lincoln; Built in 2005
