40th And Old Cheney Rd Lincoln, NE 68516
This single-story, 68,381 square foot retail strip center, built in 1987, is located at the prominent intersection of 40th and Old Cheney Road in Lincoln, Nebraska (zip code 68516). Currently, there is 1,600 square feet of vacant retail space available for lease within this multi-tenant property. The center boasts ample parking, with a ratio of 4 spaces per 1,000 square feet. Situated in Lancaster County, this property benefits from high visibility and accessibility due to its strategic location. The existing building offers a well-established presence in a thriving commercial area, presenting a strong opportunity for businesses seeking a ready-to-occupy space. The 1,600 square foot vacant unit provides flexibility for a variety of retail uses. This property is an excellent investment opportunity for businesses looking to establish or expand their presence in a high-traffic area of Lincoln, Nebraska. The property's location at a major intersection ensures significant foot and vehicle traffic, providing excellent exposure for tenants. The existing infrastructure and ample parking further enhance the property's appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.