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Central Business District Office Space
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1640 L St, Lincoln, NE 68508

Office spaces in the Central Business District for rent.

Space Size3,295 SF
Property Size13,712 SF
Days on Market138

Property Features for 1640 L St

General Information

Standard status Active
Size 3,295 SF
Class C
Total Parking Spaces 32
Property subtype Office
Lease Type NNN

Building Details

Building Size 13,712 SF
Year Built 1963
Tenancy Multiple

Spaces For Lease

at 1640 L St Contact us

Suite C

Size
3,295 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: USP Management
Listed By: Monte Froehlich · License #0980389
Source: Crexi
Added: Mar 27 Changed: Aug 9 Last Checked: Aug 11 at 5:33PM

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 USP Management

Investment Insights

Based on property information with market context.

Located in the Central Business District and blocks from the Nebraska State Capitol, this property offers office spaces for rent. The available spaces feature approximately 680 square feet on the main level, including a restroom and a kitchen nook area. Storage is available in the basement. The property comes with 2 parking stalls. Monthly paid parking is also available nearby.

Key Highlights

  • Prime location in the Central Business District, near the Nebraska State Capitol.
  • Two dedicated parking stalls included.
  • Approximately 680 sqft of main level office space.

Property Analytics

Current Use

Parallels Physician Copple Insurance Agency, ... Insurance Agency Karen Judkins Counselor Herdman John W ... Physician Rachel Denney Counselor

Suggested Use

Top Pick HVAC Service Skin Care Clinic Dental Office Spa & Massage Center Storage Facility Electrical Service

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

NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,330
Businesses Nearby

Demographics for 68508, NE

17,249
Population
7,076
Households
2.4
Avg Household Size
24
Median Age
35%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
5,750
Density / Sq Mi
$33,561
Median Household Income
$10,349
Median Earnings
$760
Median Rent
$121,400
Median Home Value

Market

Lease Benchmarks for Lincoln, NE

$17.77 /SF/Yr
Avg Asking Price
$6.75–$42.32 /SF/Yr
Price Range
7,553 SF
Avg Space Size

This space is priced 27% below the average of $17.77 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office spaces in the Central Business District for rent.
Where is this office units located?
The property is located at 1640 L St Lincoln, NE.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Prime location in the Central Business District, near the Nebraska State Capitol.; Two dedicated parking stalls included.; Approximately 680 sqft of main level office space.
More about this property
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