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1935 Q St 13,820 SF 100% Leased Retail Building Lincoln, NE 68503 $1,595,000 ($115.41/SF) 7% Cap Rate



EXECUTIVE SUMMARY
Prime redevelopment opportunity located East of Downtown and North of the Telegraph district.
B4 zoning allows for a variety of different uses, the highest and best uses being Multi-family or Commercial.
The property currently houses a 13,820 SF office building built in 1956.
Additional parcels on this block are available for sale upon inquiry.
B4 zoning allows for a variety of different uses, the highest and best uses being Multi-family or Commercial.
The property currently houses a 13,820 SF office building built in 1956.
Additional parcels on this block are available for sale upon inquiry.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,820 SF
Building Class
C
Year Built
1956
Price
$1,595,000
Price Per SF
$115.41
Cap Rate
7%
NOI
$111,650
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.74
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
B4
Parking
28 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
142’ on Q St
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-24-321-016-000 | Improvements Assessment | $288,200 |
| Land Assessment | $414,400 | Total Assessment | $702,600 |
PROPERTY TAXES
Parcel Number
10-24-321-016-000
Land Assessment
$414,400
Improvements Assessment
$288,200
Total Assessment
$702,600
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1935 Q St
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