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    400 48Th St Lincoln, NE 68504

    Sponsored
    For Lease
    $17 SF/Yr

    High-traffic retail space, Lincoln, NE

    Lot size:
    116,419 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Centro Plaza, located at 400 N 48th St, Lincoln, NE 68504, presents a prime retail investment opportunity in Lancaster County. This 116,419 square foot shopping center boasts a strong tenant mix, anchored by established national retailers such as TJ Maxx, DSW, Five Below, Kirklands, and Michaels. Currently, there are two available spaces totaling 1,565 to 3,080 square feet. One space (B2) is a first-generation space, ideal for tenant improvements to suit specific business needs. The other space (C7) is a former fitness center, offering a unique layout and potential for adaptive reuse. The property is zoned B2 and enjoys excellent visibility and accessibility in a high-traffic retail corridor along 48th Street, just north of O Street, placing it in the heart of Lincoln's busy retail area. This location provides exceptional exposure to a large customer base. The available spaces offer a chance to establish a presence in a thriving retail environment alongside successful national brands. This is an excellent opportunity for businesses seeking high visibility and convenient access within a well-established shopping center.

    Property Features for 400 48Th St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    116,419 SF
    Total Rate
    164926.92

    Unit(s) available at that property

    Space
    B2
    Size
    1,565 SF
    Rate per SF
    $18
    Space
    C7
    Size
    3,080 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Beauty Image Beauty Salon Universal Dance Academy Dance School Amazon Locker - Jaya Shipping And Mailing Service Five Below Toy Store DSW Designer Shoe ... Shoe Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.652322571889
    Latitude
    40.818044864268

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space, Lincoln, NE
    Where is this lifestyle center located?
    The property is located at 400 48Th St Lincoln, NE.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    400 48Th St Lincoln, NE 68504
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    Lincoln, NE 68504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 48Th St Lincoln, NE 68504
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