2811 N 48th Street

2811 N 48th Street, Lincoln, NE 68504

Property Information

  • 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

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

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