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Seven-Bay Flex Industrial Building
For Lease
$6.95 SF/Yr

1438 S 1st St, Lincoln, NE 68502

High ceilings and spacious warehouse interiors provide adaptable space for flex-space operations.

Space Size2,398 SF
Property Size10,714 SF
Days on Market154

Property Features for 1438 S 1st St

General Information

Standard status Active
Size 2,398 SF
Property subtype Industrial - Warehouse/Distribution

Additional Details

Space Use Flex
Highway Access Yes

Building Details

Building Size 10,714 SF
Year Built 1993
Units 7

Spaces For Lease

at 1438 S 1st St Contact us

6 $6.95/SF/Mo

Size
2,398 SF
Type
Warehouse/Distribution
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Speedway Properties
Listed By: Tom J. Gifford · License #20000012
Source: Commercialcafe
Added: Apr 3 Changed: Aug 29 Last Checked: Aug 29 at 5:52PM

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 Speedway Properties

Investment Insights

Based on property information with market context.

This seven-bay industrial property offers a practical flex-space configuration with spacious warehouse interiors and high ceilings. The building supports a range of business operations while retaining the functional character expected of an industrial asset. Constructed in 1993, it provides a straightforward warehouse setting for users seeking adaptable commercial space.

The property is located just south of A Street, with access to Hwy 77, Rosa Parks Way, and downtown Lincoln. Its location connects the building to established transportation routes and the downtown area, adding convenience for business operations and daily access.

Key Highlights

  • Seven‑bay industrial building configured for flex‑space use
  • Spacious warehouse interiors with high ceilings
  • Access to Hwy 77, Rosa Parks Way, and downtown Lincoln

Property Analytics

Current Use

Premier Aquatechs, LLC General Contractor Cleanmax General Contractor M-n-M auto detailing ... Auto Repair Shop Mikes mechanic Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant Nail Salon

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby
Under-served
Demand for This Use

Demographics for 68502, NE

27,238
Population
11,936
Households
2.3
Avg Household Size
36
Median Age
39%
College-Educated
90%
High-School Grad
6.7 sq mi
ZIP Area
4,065
Density / Sq Mi
$65,825
Median Household Income
$39,168
Median Earnings
$812
Median Rent
$220,500
Median Home Value

Market

Lease Benchmarks for Lincoln, NE

$8.53 /SF/Yr
Avg Asking Price
$6.5–$11 /SF/Yr
Price Range
4,233 SF
Avg Space Size

This space is priced 19% below the average of $8.53 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - High ceilings and spacious warehouse interiors provide adaptable space for flex-space operations.
Where is this flex space located?
The property is located at 1438 S 1st St Lincoln, NE.
What is the lease rate?
The lease rate is $6.95 SF/Yr.
What are key features of this property?
This property features: Seven‑bay industrial building configured for flex‑space use; Spacious warehouse interiors with high ceilings; Access to Hwy 77, Rosa Parks Way, and downtown Lincoln
More about this property
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