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    Leased Retail Strip Center Building Title is generated by Realmo AI

    2720 DAN AVE, Lincoln, NE 68504

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    100% leased retail building in a busy development with storefront presence on 27th Street.

    Type:Retail
    Property size:
    7,037 SF
    Price / SF:
    $234/SF
    Added:
    Jun 18, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 24 at 4:27 am

    Property Features for 2720 DAN AVE

    General Information

    Standard status
    Active
    Size
    7,037 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2011

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    Dave Lessor
    Dave Lessor

    Listing office Manzitto Real Estate

    Listing date Jun 18, 2026

    Source Crexi

    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 Manzitto Real Estate

    HighLights

    • 100% leased retail building
    • Storefront presence directly on 27th Street
    • Built in 2011

    Overview

    This is a retail strip center building offered for sale with 100% leasing in place. The property provides storefront-oriented space within a multi-tenant retail setting, positioned to support ongoing occupancy.

    The building is located directly on 27th Street within a busy development. It benefits from frontage along the street and visibility associated with a concentrated retail environment.

    For buyers seeking a retail asset with existing tenancy, this property offers the practicality of in-place occupancy and a current tenant roster. It may be a good fit for investors or operators looking for a leased storefront building in an established retail setting, without requiring immediate repositioning to generate occupancy.

    Local Financial Insights For Retail

    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 $126.7k $18.00
    − Vacancy −$8.2k −$1.17
    EGI $118.4k $16.83
    − OpEx −$35.5k −$5.05
    NOI $82.9k $11.78
    7,037 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.18M
    $1.04M – $1.38M (±1% cap)
    NOI $82,903 @ 7.0% cap · market cap 5.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.73M
    $1.51M – $2.01M (±1% cap)
    NOI $120,762 @ 7.0% cap · market cap 7.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Sun Tan City Tanning Salon Papa John's Pizza Restaurant Generation V | Vape ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6817498
    Latitude
    40.8546045

    FAQs

    What type of property is this?
    Strip mall - 100% leased retail building in a busy development with storefront presence on 27th Street.
    Where is this strip mall located?
    The property is located at 2720 DAN AVE Lincoln, NE.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 100% leased retail building; Storefront presence directly on 27th Street; Built in 2011
    More about this property
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