1450 Burlington AveHastings, NE 68901

This exceptional 52,000-square-foot Class B distribution center in Hastings, Nebraska, presents a compelling investment opportunity. Located at 1450 S Burlington Ave, this single-story building boasts a strong tenant, Lineage Logistics, under a 10-year NNN lease with expansion potential. The asking price is $2,750,000, representing an attractive 8.50% cap rate with a current NOI of $233,805. Built in 1994 and situated on approximately 2.07 acres, the property offers ample outside storage. Key features include three dock-high doors, three drive-in doors, and ceiling heights ranging from 18 to 20 feet. The building includes freezer space added in 2016 and 2019. The property benefits from its strategic location near major national tenants such as Sunbelt Rentals, ThermoKing, and others, providing excellent logistical synergy and access to Highways 6 and 281. The NNN lease structure ensures passive ownership with the tenant responsible for all expenses. Lineage Logistics, a global leader with over 2 billion cubic feet of capacity across 400 facilities, demonstrates the property's desirability and long-term stability. The land value is $62 per square foot. This is a rare opportunity to acquire a well-located, high-performing industrial asset with a secure, long-term lease.