Flex Industrial Space with
For Sale
Contact for pricing
1920 SW 6th St, Lincoln, NE 68522
4,500 SF flex unit combines office and shop/warehouse areas with convenient loading access and ample on-site parking.
Property Size4,500 SF
Price / SF$150
Days on Market190
Property Features for 1920 SW 6th St
General Information
Standard status
Active
Size
4,500 SF
Class
B
Property subtype
Industrial
Zoning
I-1
Building Details
Year Built
2003
Listing Agency:
Pinnacle Commercial Group
Listed By:
Robert Peterson · License #NE 0800114
Source:
Crexi
Added: Apr 16
Changed: Oct 13
Last Checked: Oct 20 at 7:45PM
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 Pinnacle Commercial Group
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Investment Insights
Based on property information with market context.
This 4,500 SF flex industrial space offers a practical combination of office and shop/warehouse environment within one unit. The layout is designed to support day-to-day administration alongside hands-on operational space, with open areas suitable for equipment or inventory and dedicated office space for managing business activities.
Located in southwest Lincoln, the unit at 1920 SW 6th St, Unit 1 provides convenient access for loading and deliveries. The property also includes ample on-site parking for staff and customers, supporting efficient arrival and day-to-day operations.
The space is positioned for businesses seeking an integrated office-and-operations setup for light industrial, warehouse, or service-based uses, with room to accommodate workflow from the office through the shop/warehouse areas.
Located in southwest Lincoln, the unit at 1920 SW 6th St, Unit 1 provides convenient access for loading and deliveries. The property also includes ample on-site parking for staff and customers, supporting efficient arrival and day-to-day operations.
The space is positioned for businesses seeking an integrated office-and-operations setup for light industrial, warehouse, or service-based uses, with room to accommodate workflow from the office through the shop/warehouse areas.
Key Highlights
- 4,500 SF flex industrial space at 1920 SW 6th St, Unit 1 in southwest Lincoln, NE
- 2003 construction with a layout combining office and shop/warehouse areas
- Designed for light industrial, warehouse, or service‑based operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,700
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,000
$1.1M
Cap Rate 7%
$810,000
$810.0K
Cap Rate 9%
$630,000
$630.0K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$94.5K $21.00/SF
− Vacancy
−$18.9K −$4.20/SF
EGI
$75.6K $16.80/SF
− OpEx
−$18.9K −$4.20/SF
NOI
$56.7K $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 Rate 5%
$1,134,000
Cap Rate 7%
$810,000
Cap Rate 9%
$630,000
Alternative Uses
Best Use
Office B
$810.0K
$708.8K – $945.0K
NOI $56,700 @ 7.0% cap · market cap 8.40%
Second Best
Warehouse
$760.0K
$665.0K – $886.7K
NOI $53,201 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$1.10M
$965.3K – $1.29M
NOI $77,224 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 68522, NE
14,496
Population
4,682
Households
3.1
Avg Household Size
33
Median Age
26%
College-Educated
87%
High-School Grad
10.6 sq mi
ZIP Area
1,368
Density / Sq Mi
$77,151
Median Household Income
$35,788
Median Earnings
$1,204
Median Rent
$225,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - 4,500 SF flex unit combines office and shop/warehouse areas with convenient loading access and ample on-site parking.
Where is this flex space located?
The property is located at 1920 SW 6th St Lincoln, NE.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,500 SF flex industrial space at 1920 SW 6th St, Unit 1 in southwest Lincoln, NE; 2003 construction with a layout combining office and shop/warehouse areas; Designed for light industrial, warehouse, or service‑based operations
