Two-Story Office Building For
For Sale
Contact for pricing
1301 West Highland Boulevard, Lincoln, NE 68521
Two-story office building in northwest Lincoln with highway access.
Property Size142,428 SF
Price / SF$0.00
Days on Market213
Property Features for 1301 West Highland Boulevard
General Information
Standard status
Active
Size
142,428 SF
Property subtype
Office
Site & Location
Neighborhood
Highlands
Properties For Sale
at 1301 West Highland Boulevard Contact usFirst Floor Available
Size
71,410 SF
Type
Office
Second Floor Available
Size
71,018 SF
Type
Office
Listing Agency:
CBRE - Omaha
Listed By:
Cole Scott · License #01234567
(402) 697-5808
Source:
Cbre
Added: Mar 26
Changed: Oct 23
Last Checked: Oct 23 at 3:24AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,320,820
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,416,400
$26.4M
Cap Rate 7%
$18,868,857
$18.9M
Cap Rate 9%
$14,675,778
$14.7M
Market Conditions
NOI Build-Up for 142,428 SF
Gross rent
$2.05M $14.40/SF
− Vacancy
−$164.1K −$1.15/SF
EGI
$1.89M $13.25/SF
− OpEx
−$566.1K −$3.97/SF
NOI
$1.32M $9.27/SF
Area
Lincoln, NE
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,416,400
Cap Rate 7%
$18,868,857
Cap Rate 9%
$14,675,778
Alternative Uses
Best Use
Office B
$25.64M
$22.43M – $29.91M
NOI $1,794,593 @ 7.0% cap · market cap 11,963,953.33%
Second Best
Industrial
$19.81M
$17.33M – $23.11M
NOI $1,386,694 @ 7.0% cap · market cap 9,244,626.67%
Theoretical Best
Office A
$34.92M
$30.55M – $40.74M
NOI $2,444,201 @ 7.0% cap · market cap 16,294,673.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 68521, NE
37,251
Population
15,657
Households
2.4
Avg Household Size
31
Median Age
32%
College-Educated
88%
High-School Grad
13.2 sq mi
ZIP Area
2,822
Density / Sq Mi
$66,902
Median Household Income
$38,755
Median Earnings
$1,196
Median Rent
$235,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
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 West Highland Boulevard Lincoln, NE.
What are key features of this property?
This property features: Single‑tenant office building; Located in northwest Lincoln; Built in 2005
