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New Flex Building Condo Unit
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4040 N 48th St, Lincoln, NE 68504

Condo unit in newly constructed flex building with tenant in place.

Space Size6,300 SF
Lot Size2.00 Acres
Days on Market999

Property Features for 4040 N 48th St

General Information

Standard status Active
Size 6,300 SF
Lot size 2.00 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 4040 N 48th St Contact us

4040 N 48th Street $11/SF/Yr

Size
6,300 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
Contact us
Listing Agency: Nebraska Realty
Listed By: Sean Velte · License #20190426
Source: Moodyscre
Added: Nov 17, 2023 Changed: Aug 8 Last Checked: Apr 5 at 8:15PM

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 Nebraska Realty

Investment Insights

Based on property information with market context.

This 2,100-square-foot condo unit is located in a newly constructed flex building completed in 2023. The building has a total size of 33,600 square feet and is zoned I-1 Industrial. The property benefits from its location just north of Cornhusker Highway, offering convenient access to Highway 77 and I-80. The unit features one restroom, one office, and a 14’ x 14’ overhead door. Additional features include a floor drain, forced air heat, and a 200 amp electrical panel. This property presents an opportunity for immediate investment income with a tenant already in place.

Key Highlights

  • Immediate investment income with tenant in place.
  • Newly constructed flex building (2023).
  • Excellent location with easy access to Hwy 77 & I‑80.

Property Analytics

Current Use

Performance Chores Commercial Cleaning Service

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Pharmacy

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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby
Under-served
Demand for This Use

Demographics for 68504, NE

17,155
Population
8,793
Households
2
Avg Household Size
31
Median Age
33%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$52,159
Median Household Income
$32,787
Median Earnings
$1,014
Median Rent
$169,000
Median Home Value

Market

Lease Benchmarks for Lincoln, NE

$9.25 /SF/Yr
Avg Asking Price
$6.75–$11 /SF/Yr
Price Range
4,547 SF
Avg Space Size

This space is priced 19% above the average of $9.25 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Condo unit in newly constructed flex building with tenant in place.
Where is this flex space located?
The property is located at 4040 N 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: Immediate investment income with tenant in place.; Newly constructed flex building (2023).; Excellent location with easy access to Hwy 77 & I‑80.
(402) 239-3228 Call to check price and availability
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