Warm White-Box Office
For Sale
Contact for pricing
1400 Dahlberg Drive Unit #A, Lincoln, NE 68512
Office unit A offers warm white-box buildout with HVAC installed, bathroom complete, and finished flooring in a multi-tenant building.
Property Size1,800 SF
Price / SF$255.56
Days on Market80
Property Features for 1400 Dahlberg Drive Unit #A
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Office
Zoning
H-4
Building Details
Year Built
2014
Tenancy
Multi
Listing Agency:
Colliers - Omaha, Nebraska
Listed By:
Amy Olson · License #20160434
(402) 440-9507
Source:
Crexi
Added: Jun 17
Changed: Sep 3
Last Checked: Sep 2 at 1:21PM
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 Colliers - Omaha, Nebraska
Investment Insights
Based on property information with market context.
This for-sale office suite is located in a well-established, multi-tenant building and totals 1,800 SF. Unit A is delivered in warm white-box condition and is ready for tenant-specific finishes. The space includes an installed HVAC unit, a completed bathroom, finished flooring, and drywalled and taped walls.
The building totals 10,000 SF and is occupied by established neighbors Home Instead and Ideal Protein by Penny, supporting a stable professional tenant mix. The property is positioned for visibility with street exposure and ample on-site parking to support convenient access.
Unit A presents a straightforward interior configuration for an office user that wants to complete finishes after purchase, with core systems and key improvements already in place.
The building totals 10,000 SF and is occupied by established neighbors Home Instead and Ideal Protein by Penny, supporting a stable professional tenant mix. The property is positioned for visibility with street exposure and ample on-site parking to support convenient access.
Unit A presents a straightforward interior configuration for an office user that wants to complete finishes after purchase, with core systems and key improvements already in place.
Key Highlights
- 1,800 SF office space in a 10,000 SF multi‑tenant building
- Unit A in a shared building with Home Instead and Ideal Protein by Penny
- Warm white‑box condition with HVAC installed, bathroom complete, finished flooring, and drywalled/taped walls
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,680
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$453,600
$453.6K
Cap Rate 7%
$324,000
$324.0K
Cap Rate 9%
$252,000
$252.0K
Market Conditions
NOI Build-Up for 1,800 SF
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.
Gross rent
$37.8K $21.00/SF
− Vacancy
−$7.6K −$4.20/SF
EGI
$30.2K $16.80/SF
− OpEx
−$7.6K −$4.20/SF
NOI
$22.7K $12.60/SF
Area
Lincoln, NE
Vacancy
20.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$453,600
Cap Rate 7%
$324,000
Cap Rate 9%
$252,000
Alternative Uses
Best Use
Office B
$324.0K
$283.5K – $378.0K
NOI $22,680 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$441.3K
$386.1K – $514.8K
NOI $30,890 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
Explore this area
Business Placement
Demographics for 68512, NE
13,492
Population
5,898
Households
2.3
Avg Household Size
38
Median Age
51%
College-Educated
98%
High-School Grad
9.1 sq mi
ZIP Area
1,483
Density / Sq Mi
$101,828
Median Household Income
$54,503
Median Earnings
$1,242
Median Rent
$295,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office unit A offers warm white-box buildout with HVAC installed, bathroom complete, and finished flooring in a multi-tenant building.
Where is this office units located?
The property is located at 1400 Dahlberg Drive Unit #A Lincoln, NE.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 1,800 SF office space in a 10,000 SF multi‑tenant building; Unit A in a shared building with Home Instead and Ideal Protein by Penny; Warm white‑box condition with HVAC installed, bathroom complete, finished flooring, and drywalled/taped walls
