Mixed-Use Property with Entertainment
For Sale
Contact for pricing
925 Robbers Cave Rd, Lincoln, NE 68502
Commercial property combines restaurant and bar operations with a dedicated entertainment venue under an NNN lease.
Property Size14,000 SF
Price / SF$196.43
Days on Market141
Property Features for 925 Robbers Cave Rd
General Information
Standard status
Active
Size
14,000 SF
Property subtype
Industrial, Mixed Use, Office, Retail, Special Purpose
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Building Details
Tenancy
Single
Listing Agency:
Manzitto Real Estate
Listed By:
Dave Lessor · License #20160094
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 6:54AM
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
Investment Insights
Based on property information with market context.
The property at 925 Robbers Cave Rd in Lincoln, Nebraska, contains approximately 14,000 square feet across a mixed-use commercial configuration. Improvements include a restaurant and bar component along with a separate entertainment venue, creating multiple operating areas within the property.
The sale includes the venue’s NNN lease, adding an existing lease structure to the entertainment portion of the asset. The combination of restaurant, bar, and event-oriented space supports the property’s classification as a mixed-use commercial offering.
The sale includes the venue’s NNN lease, adding an existing lease structure to the entertainment portion of the asset. The combination of restaurant, bar, and event-oriented space supports the property’s classification as a mixed-use commercial offering.
Key Highlights
- Approximately 14,000 square feet of mixed‑use commercial space
- Restaurant and bar component included
- Separate entertainment venue on the property
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
$191,520
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
6.96%
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%
$3,830,400
$3.8M
Cap Rate 7%
$2,736,000
$2.7M
Cap Rate 9%
$2,128,000
$2.1M
Market Conditions
NOI Build-Up for 14,000 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
$268.8K $19.20/SF
− Vacancy
−$13.4K −$0.96/SF
EGI
$255.4K $18.24/SF
− OpEx
−$63.8K −$4.56/SF
NOI
$191.5K $13.68/SF
Area
Lincoln, NE
Vacancy
5.00%
Lease Rate
$19.20 /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%
$3,830,400
Cap Rate 7%
$2,736,000
Cap Rate 9%
$2,128,000
Alternative Uses
Best Use
Specialty Retail
$2.74M
$2.39M – $3.19M
NOI $191,520 @ 7.0% cap · market cap 6.96%
Second Best
Mixed Use
$2.43M
$2.13M – $2.84M
NOI $170,100 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $240,253 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 32%
McDonald's
Dining
26,652 visits/mo
0.5 miles
Scooter's Coffee
Dining
9,190 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,142 visits/mo
0.3 miles
U.S. Bank
Shops & Services
4,430 visits/mo
0.5 miles
AutoZone
Shops & Services
4,167 visits/mo
0.4 miles
Demographics for 68502, NE
27,238
Population
11,936
Households
2.3
Avg Household Size
36
Median Age
39%
College-Educated
90%
High-School Grad
6.7 sq mi
ZIP Area
4,065
Density / Sq Mi
$65,825
Median Household Income
$39,168
Median Earnings
$812
Median Rent
$220,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property combines restaurant and bar operations with a dedicated entertainment venue under an NNN lease.
Where is this mixed-use property located?
The property is located at 925 Robbers Cave Rd Lincoln, NE.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Approximately 14,000 square feet of mixed‑use commercial space; Restaurant and bar component included; Separate entertainment venue on the property
