5001 O St, Lincoln, NE 68510
- Retail space
- 12,898 SF
- 0.67 lot acres
Current Use by Public Records
- Jersey Mike's Subs / Take-out & Catering / Catering Service
- Noodles and Company / Restaurant
- Zachery Baumfalk OD, Optimal Eyecare / Physician
- Wingstop / Restaurant
- Thighstop / Restaurant
Property Details for 5001 O St
- Year built
- 1960
- Lot size
- 0.67 lot acres
- Zone code
- H2
- Property type
- Retail space
- APN
- 17-29-201-003-000
- APU
- 1729201003000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 12, 2024 | $3,350,000 | Cre Opportunities LLC | 50th & O Street LLC | Special Warranty Deed | $2.5M · Central National Bank |
| Sep 15, 2016 | — | 50th & O Street LLC | — | Deed · related | $11.3M · Guaranty Bk |
| — | — | 50th & O Street LLC | — | Deed Of Trust · related | $825k · Safeco Life Insurance Co |
| — | — | 50th & O Street LLC | — | Loan Modification · related | $9.2M · Guaranty Bk |
| — | — | 50th & O Street LLC | — | Deed Of Trust · related | $1M · Nebraska Bank Of Commerce |
| — | — | 50th & O Street LLC | — | Deed Of Trust · related | $552k · Pinnacle Bank |
| — | — | 50th & O LLC | — | Loan Modification · related | $3M · Nebraska Bk/commerce |
| — | — | 50th & O Street LLC | — | Loan Modification · related | $2.8M · Nebraska Bank Of Commerce |
| — | — | 50th & O Street LLC | — | Loan Modification · related | $11.3M · Guaranty Bk |
Description
This exceptional Class A retail strip center, built in 2014, offers 12,365 square feet of space on Lincoln's bustling "O" Street corridor. Currently, 6,913 square feet is available for lease, divided into two attractive units. One unit offers 2,484 square feet of in-line space, while the other end-cap unit provides 4,429 square feet with the potential for a drive-thru. The property boasts a vibrant trade area, experiencing daily traffic counts exceeding 39,000 vehicles. This ensures high visibility and accessibility for businesses. The center is already home to successful national tenants such as Jersey Mike's Subs, Wingstop, and Noodles & Company, creating a strong and established retail environment. The single-story building is located in Lancaster County and presents a fantastic opportunity for businesses seeking a high-traffic location within a thriving retail community. The available spaces are ideal for a variety of retail concepts, offering excellent potential for growth and profitability. The modern construction and prime location make this property a truly exceptional investment opportunity. Contact us today to learn more about leasing opportunities and explore the possibilities for your business in this dynamic retail center.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,350,000
- ML approach
- $3,350,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,535,000
- 6.5%
- $2,340,000
- 7%
- $2,170,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,035,000
Market price range: $1.35M - $4.04M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6508
- Latitude
- 40.8131
- CBSA code
- 30700
- CBSA name
- LINCOLN, NE METROPOLITAN STATISTICAL AREA
