For Sale
$259,000

1919 40Th St Lincoln, NE 68506

Class B office, 2,910 sq ft, 7.6% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional investment opportunity presents a 2,910-square-foot Class B office building located at 1919 South 40th Street, #203, Lincoln, Nebraska 68506. Currently operating under a 100% occupied, absolute NNN lease, this single-tenant property offers a secure, passive income stream. The asking price is $259,000, translating to $89 per square foot and a compelling 7.60% capitalization rate. The building comprises a single unit and features a functional layout including four private offices, a reception area, a dedicated staff work area, and a private restroom. The existing tenant has a multi-year lease remaining, providing long-term stability and predictable cash flow. This property is ideal for investors seeking a low-maintenance, high-return investment in a stable market. Financial statements and lease details are available upon request. This property is for sale by owner and is offered individually, though it may also be part of a larger portfolio including suites 202 and 212. The property is situated in Lancaster County, Nebraska.

Highlights

  • $259,000 asking price for this 2,910 square foot office building.
  • Located at 1919 South 40th Street, #203, Lincoln, NE 68506.
  • Class B, single-tenant, absolute NNN net lease with 100% occupancy.
  • 7.60% cap rate with a price per square foot of $89.
  • Features four offices, reception area, staff work area, and private restroom.

Property Details for 1919 40Th St

Property type
Office properties
Square Feet
2,910 SF
Class
B
Units
1

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.7925776
Longitude
-96.6641135
1919 40Th St, Lincoln, Nebraska

FAQs

What type of property is this?
Office property - Class B office, 2,910 sq ft, 7.6% cap rate.
Where is the office property located?
The property is located at 1919 40Th St Lincoln, NE.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: $259,000 asking price for this 2,910 square foot office building.; Located at 1919 South 40th Street, #203, Lincoln, NE 68506.; Class B, single-tenant, absolute NNN net lease with 100% occupancy.
How can I contact the broker?
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1919 40Th St
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