Office
100% Occupied Office Building w/ Recent Upgrades & Strong Demographics
301 S 70th St, Lincoln, NE 68510
Listing Price: $3,955,000
Cap Rate
7.01%
Gross SF
33,222
Rentable SF
33,222
Price/Gross SF
$119.05
Lot Size
1.27 acres
Year Built
1983
Investment Overview
Marcus & Millichap is pleased to bring to market Park Plaza Office located in Lincoln, NE.
100% Occupied Office Building w/ Recent Upgrades & Strong Demographics
Investment Highlights
- 100 Percent Occupied Office Building | Class B Finishes with Strong Tenant Mix
- Leasing Upside Due to Short Term Leases | Ownership is Able to Increase Rent to Keep Pace With Inflation
- New HVAC Units Recently Installed Along With New Roof Membrane and Parking Lot Restriping in 2019 | Elevator Upgrades are Currently Underway
- Situated in a Dense Office, Retail, and Residential Corridor | Proximity to Gateway Mall Retail Hub
- Adjacent to New Veterans Affairs Outpatient Clinic Which Opened in May 2022
- Strong Demographics: Population Exceeds 206,300+ Within Five-Miles | Average Household Income Exceeds $86,800 Within One-Mile
Broker of Record
Financing By
Office
100% Occupied Office Building w/ Recent Upgrades & Strong Demographics
Listing Price: $3,955,000
Cap Rate
7.01%
Gross SF
33,222
Rentable SF
33,222
Price/Gross SF
$119.05
Lot Size
1.27 acres
Year Built
1983
Investment Highlights
- 100 Percent Occupied Office Building | Class B Finishes with Strong Tenant Mix
- Leasing Upside Due to Short Term Leases | Ownership is Able to Increase Rent to Keep Pace With Inflation
- New HVAC Units Recently Installed Along With New Roof Membrane and Parking Lot Restriping in 2019 | Elevator Upgrades are Currently Underway
- Situated in a Dense Office, Retail, and Residential Corridor | Proximity to Gateway Mall Retail Hub
- Adjacent to New Veterans Affairs Outpatient Clinic Which Opened in May 2022
- Strong Demographics: Population Exceeds 206,300+ Within Five-Miles | Average Household Income Exceeds $86,800 Within One-Mile
Investment Overview
Marcus & Millichap is pleased to bring to market Park Plaza Office located in Lincoln, NE.
Broker of Record
Financing By
