4800 1St St Lincoln, NE 68521
- Office Properties & Spaces
- 116,058 SF
- 9.56 lot acres
Current Use by Public Records
- C Street LLC / Property Management Company
- FedEx Drop Box / Mailing Service
- Cabelas / Corporate Office
- FCPM / Mfr
- Capital One / Corporate Office
Property Details for 4800 1St St
- Year built
- 1994
- Lot size
- 9.56 lot acres
- Property size
- 116,058 SF
- Zone code
- O3
- Property type
- Office Properties & Spaces
- APN
- 11-03-434-001-000
- APU
- 1103434001000
Description
This exceptional 116,057-square-foot Class B office building, located at 4800 NW 1st Street in Lincoln, Nebraska, presents a compelling investment opportunity. Built in phases (1994 and 2011), the single-tenant property sits on a substantial 19.81-acre lot and boasts 702 parking spaces, ensuring ample convenience for occupants and visitors. The building is currently 100% occupied under a triple-net (NNN) lease, offering immediate cash flow. The asking price is $17,408,550, translating to $150 per square foot. The property benefits from a partial leaseback component, providing additional income potential. Its strategic location offers excellent I-80 visibility and signage opportunities, enhancing its marketability and accessibility. The property features convenient drive doors and loading docks, along with generous outdoor areas. The permitted zoning is O-3, allowing for flexibility in future use. This is a rare opportunity to acquire a high-quality, fully occupied office building in a desirable Lincoln location with significant potential for long-term growth and return on investment. The property's size, amenities, and location combine to create a truly exceptional commercial real estate offering.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.7216
- Latitude
- 40.86
- CBSA code
- 30700
- CBSA name
- LINCOLN, NE METROPOLITAN STATISTICAL AREA
