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    1221 N St Lincoln, NE 68508

    Sponsored
    For Lease
    $19 SF/Yr

    Class A Office, 90,000+ SF Available

    Lot size:
    228,145 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building, located at 1221 N St in Lincoln, Nebraska, offers a prime opportunity for businesses seeking flexible and prestigious space in the heart of the city. The six-story building, constructed in 1958, boasts a total of 228,145 square feet, with a significant 90,334 square feet currently vacant. Spaces are available in sizes ranging from a minimum of 180 square feet to a maximum contiguous space of 16,073 square feet, catering to a wide range of tenant needs. The building is zoned B-4 and sits on a 1.52-acre lot, providing ample space and convenient access. Tenancy is multiple, allowing for a diverse and vibrant community of businesses. The property features 275 parking spaces in an attached garage, ensuring convenient parking for employees and clients. Furthermore, the building offers the added convenience of skywalk access, seamlessly connecting tenants to surrounding amenities. Its central downtown location provides easy access to the State Capitol, County/City Building, and the University of Nebraska-Lincoln campus, making it an ideal location for businesses seeking high visibility and convenient access to key city resources. This is a rare opportunity to secure premium office space in a highly desirable location. The building's amenities and strategic location make it an attractive option for businesses of all sizes.

    Property Features for 1221 N St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    228,145 SF
    Class
    A
    Total Rate
    370735.63

    Building Details

    Year Built
    1958
    Stories
    6

    Unit(s) available at that property

    Space
    223
    Size
    1,629 SF
    Rate per SF
    $19
    Space
    suite 122
    Size
    2,475 SF
    Rate per SF
    $19
    Space
    221
    Size
    4,975 SF
    Rate per SF
    $19
    Space
    304
    Size
    6,908 SF
    Rate per SF
    $19
    Space
    700
    Size
    8,808 SF
    Rate per SF
    $20
    Space
    100
    Size
    8,404 SF
    Rate per SF
    $19
    Space
    suite 310
    Size
    7,017 SF
    Rate per SF
    $19
    Space
    404
    Size
    2,950 SF
    Rate per SF
    $19
    Space
    suite 405
    Size
    2,857 SF
    Rate per SF
    $19
    Space
    200
    Size
    3,858 SF
    Rate per SF
    $19

    HighLights

    • Class A, six‑story office building totaling 228,145 square feet in downtown Lincoln, Nebraska.
    • 90,334 square feet of vacant space available, with suites ranging from 180 to 16,073 contiguous square feet.
    • Full‑service leases available.
    • On‑site fitness center and secure bike storage.
    • Generous tenant improvement allowance available.
    Property Profile Location Intelligence

    Current Use by Public Records

    New York Life ... Insurance Agency Lincoln Benefit Life Insurance Company Bradley G Brodersen, ... Financial Planner Brad Brodersen Consultant Nathaniel Workentine, Co-Founder ... Financial Planner

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply 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
    -96.7034043
    Latitude
    40.8122022

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 90,000+ SF Available
    Where is this office property / space located?
    The property is located at 1221 N St Lincoln, NE.
    What is the lease rate?
    The lease rate is $19-$20 SF/Yr.
    What are key features of this property?
    This property features: Class A, six-story office building totaling 228,145 square feet in downtown Lincoln, Nebraska.; 90,334 square feet of vacant space available, with suites ranging from 180 to 16,073 contiguous square feet.; Full-service leases available.
    Request Owner's contact information
    1221 N St Lincoln, NE 68508
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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
    1221 N St Lincoln, NE 68508
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