5034 Old Cheney RdLincoln, NE 68516

For Sale
$1,200,000

High-yield flex space, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity in South Lincoln, Nebraska, featuring a prominent 30,046 square foot flex space property situated on a 0.69-acre lot at 5034 Old Cheney Rd, zip code 68516. This mixed-use property boasts three buildings, offering a blend of retail and industrial space. The main building, ideal for office or retail use, comprises nearly 3,000 square feet, featuring two large showroom areas, a restroom, and washer/dryer hookups. High visibility is ensured by prominent signage on Old Cheney Road. Two additional metal buildings, totaling 5,560 square feet, provide ample industrial space. The middle building includes 3,000 square feet with an overhead door, heating, air conditioning, and built-out office space with two restrooms. The third building offers 2,560 square feet and three overhead doors. Both industrial buildings are fully fenced for enhanced security. The entire property features a concrete lot providing ample parking and storage. The property is zoned I-1 and offers a 6.30% cap rate with an asking price of $1,200,000 ($39.94/sq ft). Two loading docks are available. The property is currently vacant.

Highlights

  • $1,200,000 asking price for a vacant, 30,046 square foot flex property.
  • Located at 5034 Old Cheney Rd, Lincoln, NE 68516.
  • Features three buildings totaling 30,046 square feet on a 0.69-acre lot, zoned I-1.
  • Includes two loading docks.
  • Offers a 6.30% cap rate and a price per square foot of $39.94.

Property Details for 5034 Old Cheney Rd

Property type
Other retail properties, Other mixed-use properties
Square Feet
30,046 SF
Buildings
3
Stories
1
Lot Size (sq. ft)
30,056 SF

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.755333865428
Longitude
-96.650335550785
5034 Old Cheney Rd, Lincoln, Nebraska

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5034 Old Cheney Rd
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