1919 40Th StLincoln, NE 68506

For Sale

$259,000

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

Property records and analytics

Overview

Added:: Dec 11, 2024
Days on market:: 92

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: Other office properties, 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

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