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8245 Cody Dr 12,032 SF 44% Leased Industrial Building Lincoln, NE 68512 $1,675,000 ($139.21/SF)

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INVESTMENT HIGHLIGHTS

  • ±12,032 SF available for sale on 1.16-acre site with flexible industrial/flex configuration
  • Perfect for owner-occupant, industrial user, or storage with blank canvass to build out to your business needs
  • Improvement allowance negotiable, including HVAC
  • ±6,753 SF available for lease with 19 ft clear height and multiple drive-in doors and a newly remodeled restroom
  • 20 on-site parking stalls with excellent site circulation for trucks and staff
  • Prime south Lincoln location near 14th Street & Yankee Hill Road with easy access to Highway 77, Highway 2, and the South Beltway

EXECUTIVE SUMMARY

Located in Southwest Lincoln’s Industrial Retail Park near 14th Street and Yankee Hill Road, this modern industrial flex building offers exceptional versatility for businesses or owner-occupants. Built in 2011–2012 on a 1.16-acre lot, the property totals ±12,032 SF and includes 20 on-site parking stalls, multiple drive-in doors, and 19-foot clear height throughout. The design accommodates a wide range of industrial and service uses, including contractors, light manufacturing, and storage. A portion of the building is currently leased to Victress, a locally owned fitness operation, while the remaining ±6,753 SF makes up the other half of the property and is available for lease. The space features a clean, open layout with a newly remodeled restroom, efficient loading access, and a negotiable tenant improvement allowance, including HVAC, allowing customization for office, warehouse, or operational needs. This is an ideal opportunity for an owner-user or investor seeking a quality property in a prime south Lincoln.
Prime south Lincoln location near 14th Street & Yankee Hill Road. The property is positioned in a busy industrial area of Southwest Lincoln, providing good visibility and easy access to major roadways. Easy access to Highway 2, 27th Street, and the South Beltway corridor.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $137,825 $11.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $137,825 $11.45
Taxes - -
Operating Expenses - -
Total Expenses $4,000 $0.33
Net Operating Income $133,825 $11.12

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $137,825
Annual Per SF $11.45
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $137,825
Annual Per SF $11.45
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $4,000
Annual Per SF $0.33
Net Operating Income
Annual $133,825
Annual Per SF $11.12

PROPERTY FACTS

Price $1,675,000
Price Per SF $139.21
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Showroom
  • FlexLight Distribution
Building Class B
Lot Size 1.16 AC
Rentable Building Area 12,032 SF
No. Stories 1
Year Built 2011
Parking Ratio 1.66/1,000 SF
Clear Ceiling Height 19’
No. Drive In / Grade-Level Doors 3
Zoning H4

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - B
  • 6,753 SF
  • Industrial
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl - B 6,753 SF Industrial Full Build-Out Now

1st Fl - B

Size
6,753 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - B

Size 6,753 SF
Space Use Industrial
Condition Full Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-24-345-004-000
Land Assessment
$431,000
Improvements Assessment
$1,066,800
Total Assessment
$1,497,800
  • Listing ID: 38473573

  • Date on Market: 7/30/2025

  • Last Updated:

  • Address: 8245 Cody Dr, Lincoln, NE 68512

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