- For Sale $725,000
- Property Type Retail
- Property Size 2,709 SF
- Lot Size 0.33 Acre
- Building Class B
- Year Built 1981
- Date Updated May 8, 2026
Description
Located along N. 48th Street in northeast Lincoln, this property benefits from strong visibility and accessibility within a well-established commercial and residential corridor. The site is positioned near neighborhood retail, schools, and dense residential areas, providing consistent daily traffic and a stable customer base. Its central location offers convenient access to major arterial roads, making it an attractive long-term retail investment location.Single-tenant NNN investment opportunity at 2811 N. 48th Street, offered at $725,000 with a 6.3% cap rate. The 2,709 SF building sits on 0.33 acres and is leased to a long-term tenant with occupancy dating back to 1981. The current lease term ends on 10/25/2031. The lease is corporately guaranteed and includes five five-year renewal options with 5% rental increases, providing stable income and built-in growth. The property has been recently remodeled, making it a low-maintenance, passive investment opportunity.
Highlights
- $45,360 annual income
- (5) five-year renewal options with 5% increases
- 0.33-acre site
- 2,709 SF single-tenant building
- Cap Rate: 6.3%
- Corporate guaranteed NNN lease
- Recently remodeled building
- Sale Price: $725,000
- Stable, long-term passive investment
- Tenant in place since 1981
- Zoned B-3
False
Contacts
Richard Meginnis
NAI FMA Realty
Location
Located at 2811 N 48th Street, Lincoln, NE 68504, this property is part of the University Place neighborhood and Omaha market.
Contact Listing Broker
Richard Meginnis
NAI FMA Realty