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Office Building with Garden-Level Access
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3705 S 48th St, Lincoln, NE 68506

Freshly updated office building offers multiple offices, ample window lighting, and garden-level access to common areas.

Property Size2,345 SF - 4,690 SF
Days on Market155

Property Features for 3705 S 48th St

General Information

Standard status Active
Size 2,345 SF - 4,690 SF
Net Rentable 2,345 SF
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 2,345-4,690 SF
Contiguous Space 2,345 SF
Divisible Yes
Space Use Office
Private Offices 11

Lease Terms

Monthly Rent $1,759-$4,299
Rent per SF/Year $9-$13
CAM $5.76 /USD/SF/YR
Lease Term 36 months
Listing Agency: Eschliman Commercial Real Estate, Inc.
Listed By: Ted E Eschliman · License #Nebraska 20000127
Source: Moodyscre
Added: Feb 25 Changed: Jul 29 Last Checked: Jul 29 at 8:38AM

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 Eschliman Commercial Real Estate, Inc.

Investment Insights

Based on property information with market context.

Freshly updated office building with multiple office rooms across two levels, plus shared space accessible from a garden level. The main level includes six offices and a kitchen, and the upper level provides five offices. A common area is also accessible from the garden level, supporting day-to-day operations and client or team movement within the building. A bonus lower level is available with a kitchen.

Located in the Union College neighborhood just off the S. 48th St. arterial, the property is near a local retail business district and is described as well-suited for a sales force and internal support serving Lincoln. Lease is noted as requiring a minimum 3-year term, with NNN charges referenced.

The available configuration is described as main-floor and upper-floor space at equal size, with additional lower-level space offered as a bonus.

Key Highlights

  • Freshly updated office building with window lighting and views
  • Main level includes 6 offices and 2,345 SF at $13/SF ($2,540/mo) NNN
  • Upper level includes 5 offices and 2,345 SF at $9/SF ($1,759/mo) NNN

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Kitchen & Bath Showroom Big Box & Wholesale Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 68506, NE

28,203
Population
13,044
Households
2.2
Avg Household Size
40
Median Age
45%
College-Educated
96%
High-School Grad
7.0 sq mi
ZIP Area
4,029
Density / Sq Mi
$70,501
Median Household Income
$41,755
Median Earnings
$1,147
Median Rent
$245,200
Median Home Value

Market

Lease Benchmarks for Lincoln, NE

$19.02 /SF/Yr
Avg Asking Price
$9.25–$42.32 /SF/Yr
Price Range
32,650 SF
Avg Space Size

This space is priced 42% below the average of $19.02 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Freshly updated office building offers multiple offices, ample window lighting, and garden-level access to common areas.
Where is this office units located?
The property is located at 3705 S 48th St Lincoln, NE.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Freshly updated office building with window lighting and views; Main level includes 6 offices and 2,345 SF at $13/SF ($2,540/mo) NNN; Upper level includes 5 offices and 2,345 SF at $9/SF ($1,759/mo) NNN
(402) 432-6404 Call to check price and availability
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