Mixed-Use Investment
1523 N Cotner Blvd, Lincoln, NE 68505
Fully leased mixed-use property with stable, growing income.
Type:Retail - Street Retail
Property size:
1,975 SFPrice / SF:
$144/SF- Added:
- May 14, 2026
- Days on Market:
- 17
- Last Refresh:
- May 14 at 4:50 am
Property Features for 1523 N Cotner Blvd
General Information
- Standard status
- Active
- Size
- 1,975 SF
- Property subtype
- Retail - Street Retail
Building Details
- Year Built
- 1915
Listing agent Jared Froehlich
Listing office NAI FMA Realty
Listing date May 14, 2026
Source Commercialcafe
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 NAI FMA Realty
HighLights
- Fully leased mixed‑use investment property providing immediate income.
- New 5‑year retail lease renewal with annual rent increases ensures stable and growing income.
- Attractive 6.6% cap rate.
- Located on N. Cotner Boulevard with strong visibility and accessibility.
- Recent property improvements enhance value and appeal.
- Mix of street‑level retail (1,000 SF) and second‑floor residential (975 SF) units.
Overview
Located along N. Cotner Boulevard near the intersection of Cotner Blvd. and Holdrege Street, this mixed-use property benefits from strong neighborhood visibility and accessibility in east Lincoln. The area is a well-established mix of residential and neighborhood commercial uses, supporting consistent local traffic and demand for service-oriented retail. Its central location provides convenient access to major east Lincoln corridors and surrounding residential density, making it an attractive location for both tenants and investors. The property consists of a 1,975 SF building featuring approximately 1,000 SF of street-level retail space and 975 SF of second-floor residential units. The retail tenant recently executed a new five-year lease renewal with annual rent increases, providing stable and growing income. With recent property improvements and a strong occupancy profile, this asset offers an attractive opportunity for investors seeking a stabilized, income-producing property.
Local Financial Insights For Mixed Use
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 | $42.7k | $21.60 |
| − Vacancy | −$4.3k | −$2.16 |
| EGI | $38.4k | $19.44 |
| − OpEx | −$14.4k | −$7.29 |
| NOI | $24.0k | $12.15 |
1,975 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$342.8K
$300.0K – $399.9K
NOI $23,996 @ 7.0% cap · market cap 8.42%
Second Best
Retail
$332.4K
$290.8K – $387.8K
NOI $23,267 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$484.2K
$423.7K – $564.9K
NOI $33,893 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6309263
- Latitude
- 40.8283423
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use property with stable, growing income.
Where is this mixed-use property located?
The property is located at 1523 N Cotner Blvd Lincoln, NE.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Fully leased mixed‑use investment property providing immediate income.; New 5‑year retail lease renewal with annual rent increases ensures stable and growing income.; Attractive 6.6% cap rate.
