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Property profile & analytics
FOR LEASE
Industrial properties

1600 Center Park Rd Lincoln, NE 68512

57,632 SF 4.52 ac lot Built 1963
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US57-0047569
Property summary
AI-generated overview

This exceptional industrial warehouse property, located at 1600 Center Park Rd in Southwest Lincoln, offers a unique leasing opportunity. The 50,630 square foot building, constructed in 1963, sits on a 4.52-acre lot and is zoned I-2. Seven individual suites are available, ranging in size from 3,315 to 26,060 square feet, allowing for flexibility to suit various business needs. Leasing options include individual suites or a combination totaling 26,060 square feet. A significant portion of the warehouse space (3,315 sq ft) is climate-controlled, featuring both heating and air conditioning, and commands a lease rate of $10.50 per square foot. The property boasts convenient access to Highway 77 and Nebraska Parkway, ensuring efficient transportation and logistics. Potential tenants can utilize up to six loading docks and two 14-foot at-grade doors. The expansive, fenced lot provides ample outdoor storage space. The lease is a Modified Gross structure, with tenants responsible for janitorial services and telecommunications costs. The property benefits from three-phase power, a crucial asset for many industrial operations.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1963
Construction ADOBE
Total area 57,632 SF
Lot 4.52 ac (196,978 SF)
Zoning code I2
APN 09-12-107-003-000
UPID US57-0047569
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Educational Institute-Asbestos Construction Company Renovation Specialist
  • Bockmann Inc Environmental Consultant Asbestos Testing Service
  • A A Leupold & Sons Painting Painter
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.60M
Blend (final) Blend
$3.55M
Owner & transaction history
Cpb Rentals LLC · 4 yrs held
Cpb Rentals LLC
since 2022
7 recorded transactions
2022
Price N/A
2021
Price N/A
2020
Price N/A
2020
$1.6M
2020
Price N/A
2013
$761,000
2010
$775,000
Zoning & alternative use
I2 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Document Viewer | Municipal Code
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