Two-Level Office
For Sale
Contact for pricing
6101 S 58th St, Lincoln, NE 68516
Two-level layout includes an open entry office and multiple enclosed offices.
Property Size1,900 SF
Price / SF$139.47
Days on Market202
Property Features for 6101 S 58th St
General Information
Standard status
Active
Size
1,900 SF
Property subtype
OFFICE
Building Details
Buildings
1
Stories
2
Listing Agency:
Albers Co.
(402) 560-6976
Listed By:
David L Albers · License #0940006
(402) 560-6976
Source:
Moodyscre
Added: Feb 10
Changed: Aug 29
Last Checked: Aug 29 at 6:04PM
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 Albers Co.
Investment Insights
Based on property information with market context.
Located at 6101 S 58th St in Lincoln, this office property provides 1,900 square feet across two levels. The first floor contains 1,500 square feet, while the second floor adds 400 square feet.
An open office area greets visitors at the entrance, supported by six additional offices. Each of those offices has windows, providing natural light to the enclosed work areas. The upper level also includes space identified as a possible conference room, adding flexibility to the interior arrangement.
An open office area greets visitors at the entrance, supported by six additional offices. Each of those offices has windows, providing natural light to the enclosed work areas. The upper level also includes space identified as a possible conference room, adding flexibility to the interior arrangement.
Key Highlights
- 1,900 total square feet across two levels
- 1,500 square feet on the first floor and 400 square feet on the second floor
- Open office area positioned at the front entrance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,940
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$478,800
$478.8K
Cap Rate 7%
$342,000
$342.0K
Cap Rate 9%
$266,000
$266.0K
Market Conditions
NOI Build-Up for 1,900 SF
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.
Gross rent
$39.9K $21.00/SF
− Vacancy
−$8.0K −$4.20/SF
EGI
$31.9K $16.80/SF
− OpEx
−$8.0K −$4.20/SF
NOI
$23.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$478,800
Cap Rate 7%
$342,000
Cap Rate 9%
$266,000
Alternative Uses
Best Use
Office B
$342.0K
$299.3K – $399.0K
NOI $23,940 @ 7.0% cap · market cap 9.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$465.8K
$407.6K – $543.4K
NOI $32,606 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Explore this area
Business Placement
Demographics for 68516, NE
47,448
Population
19,549
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
98%
High-School Grad
18.9 sq mi
ZIP Area
2,510
Density / Sq Mi
$100,093
Median Household Income
$52,344
Median Earnings
$1,213
Median Rent
$331,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two-level layout includes an open entry office and multiple enclosed offices.
Where is this office units located?
The property is located at 6101 S 58th St Lincoln, NE.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1,900 total square feet across two levels; 1,500 square feet on the first floor and 400 square feet on the second floor; Open office area positioned at the front entrance
