Free-Span Industrial
For Sale
Contact for pricing
1921 Southwest 6th Street, Lincoln, NE 68522
Free-span layout with multiple drive-through overhead doors supports flexible warehouse and contractor operations.
Property Size18,000 SF
Price / SF$150
Days on Market149
Property Features for 1921 Southwest 6th Street
General Information
Standard status
Active
Size
18,000 SF
Class
A
Property subtype
Industrial
Zoning
I-1
Lease Type
Gross
Site & Location
Neighborhood
West a
Building Details
Year Built
2017
Buildings
1
Tenancy
Multi
Listing Agency:
Pinnacle Commercial Group
Listed By:
Boomer Peterson · License #NE 20150894
(402) 430-2318
Source:
Crexi
Added: Jun 11
Changed: Nov 5
Last Checked: Nov 6 at 7:18AM
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.
The property is an 18,000 SF free-span industrial building designed to support flexible operational layouts. Free-span construction eliminates interior columns to preserve clear working space, and the building’s drive-through configuration is built around efficient movement of vehicles and equipment. Five parking lot-facing drive-through overhead doors serve the main operations area, with two additional drive-through doors located at the rear to support circulation and loading from the back of the building.
1921 SW 6th Street is positioned in an industrial corridor with direct access to Highway 77 and Interstate 80, providing convenient connectivity for local and regional freight and service needs in the Lincoln market.
The layout can work for a single larger user seeking column-free warehouse space, or for a multi-tenant or contractor-bay configuration if the building is demised. The owner currently occupies 10,000 SF, and a co-tenant occupies 8,000 SF with a lease expiration of August 31, 2026. The owner is willing to demise and lease space independent of the sale, offering an option for prospective tenants and investors looking for scalable space.
1921 SW 6th Street is positioned in an industrial corridor with direct access to Highway 77 and Interstate 80, providing convenient connectivity for local and regional freight and service needs in the Lincoln market.
The layout can work for a single larger user seeking column-free warehouse space, or for a multi-tenant or contractor-bay configuration if the building is demised. The owner currently occupies 10,000 SF, and a co-tenant occupies 8,000 SF with a lease expiration of August 31, 2026. The owner is willing to demise and lease space independent of the sale, offering an option for prospective tenants and investors looking for scalable space.
Key Highlights
- 18,000 SF free‑span industrial building built in 2017 with clear working space and no interior columns
- Includes five parking lot‑facing drive‑through overhead doors plus two additional drive‑through doors at the rear
- Flexible space for a single larger user or demising into multiple contractor bays or smaller industrial units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$212,803
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,256,060
$4.3M
Cap Rate 7%
$3,040,043
$3.0M
Cap Rate 9%
$2,364,478
$2.4M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$257.0K $14.28/SF
− Vacancy
−$6.7K −$0.37/SF
EGI
$250.4K $13.91/SF
− OpEx
−$37.6K −$2.09/SF
NOI
$212.8K $11.82/SF
Area
Lincoln, NE
Vacancy
2.60%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,256,060
Cap Rate 7%
$3,040,043
Cap Rate 9%
$2,364,478
Alternative Uses
Best Use
Warehouse
$3.04M
$2.66M – $3.55M
NOI $212,803 @ 7.0% cap · market cap 7.88%
Second Best
Industrial
$2.50M
$2.19M – $2.92M
NOI $175,250 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$4.41M
$3.86M – $5.15M
NOI $308,897 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
283
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 Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Free-span layout with multiple drive-through overhead doors supports flexible warehouse and contractor operations.
Where is this flex space located?
The property is located at 1921 Southwest 6th Street Lincoln, NE.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 18,000 SF free‑span industrial building built in 2017 with clear working space and no interior columns; Includes five parking lot‑facing drive‑through overhead doors plus two additional drive‑through doors at the rear; Flexible space for a single larger user or demising into multiple contractor bays or smaller industrial units
