- For Sale $17,020,185
- Property Type Other
- Lot Size 150,518 SF
- Year Built 2017
- Date Updated Jun 15, 2025
Colliers is pleased to present the opportunity to acquire the Old Cheney Rehabilitation Center, located at 5431 South 16th Street in Lincoln, NE. This well-maintained facility represents an excellent investment for both seasoned healthcare operators and investors seeking a stable and reliable income stream. The current operator has established efficient systems and procedures, and a well-coordinated transition plan is in place to ensure a seamless handover. This allows a new owner or operator to step in and continue operations without disruption to resident care or revenue flow.
Old Cheney Rehabilitation, located in Lincoln, NE, is a one-story skilled nursing facility /transitional care unit offering a resort-style environment for patients needing therapy or skilled nursing after a hospital stay. The Building is situated on a 3.46-acre land parcel, with a 39,610-square-foot structure.
Occupied
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts

Location
Getting Around
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Walk Score ®
46/100 Car-Dependent
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Transit Score ®
20/100 Minimal Transit
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Bike Score ®
65/100 Bikeable
- City Lincoln, NE
- Neighborhood Indian Village
- Zip Code 68512
- Market Omaha
Points of Interest
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Train Depot
3.14 miles
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Lincoln
4.09 miles
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BP
0.14 miles
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U-Stop
0.54 miles
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Phillips 66
1.35 miles
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Super C
1.54 miles
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Philips 66
1.66 miles
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Gas Plus
2.34 miles
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Casey's General Store
2.41 miles
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Tesla Supercharger
7.21 miles
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Park
0.84 miles
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Cemetery
1.04 miles
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Mortuary/Cemetery
1.17 miles
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Overflow Parking
1.21 miles
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Mortuary
1.21 miles
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Private Parking
1.24 miles
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Church
2.40 miles
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Quality Inn & Suites
0.49 miles
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Days Inn
1.42 miles
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Holiday Inn Lincoln Southwest
1.76 miles
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Hampton Inn Lincoln - South/Heritage Park
3.19 miles
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Residence Inn
3.38 miles
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The Lincoln Mariott Cornhusker Hotel
3.68 miles
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TownHouse Extended Stay
3.74 miles
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Holiday Inn Express & Suites
3.87 miles
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Graduate by Hilton Lincoln
3.95 miles
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The Kindler Hotel
3.98 miles
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DQ Grill & Chill
0.08 miles
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Mr. Goodcents
0.11 miles
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Culver's
0.12 miles
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Rosie's Sports Bar & Grill
0.52 miles
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Dunkin'
0.83 miles
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Capriotti's
0.89 miles
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Amigo's
0.91 miles
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Arby's
1.27 miles
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Panera Bread
1.29 miles
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Panda Express
1.30 miles
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Ruth Hill Elementary School
0.67 miles
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Saint Mark's Elementary/Middle School
1.20 miles
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Lincoln Southwest High School
1.26 miles
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Hazel Scott Middle School
1.32 miles
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Beattie Elementary School
1.32 miles
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Adams Elementary School
1.70 miles
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The Child's View Montessori
1.71 miles
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Rousseau Elementary School
1.86 miles
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Future LPS School Site
1.86 miles
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Union Adventist University
2.93 miles
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La Petite Academy of Lincoln
0.95 miles
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Carousel Daycare and Preschool
1.10 miles
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Adventure Academy Child Development Center
1.51 miles
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Williamsburg Village Child Development Center
1.52 miles
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Academic Advantage Child Development Center
1.55 miles
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Primrose School of Lincoln at Wilderness Hills
2.57 miles
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Wee Wisdom Christian Preschool & Academy
2.74 miles
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Wrangler Babies Child Care
2.84 miles
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4 Views Academy
2.95 miles
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KinderCare
3.06 miles
Frequently Asked Questions
The space currently listed for sale at Turnkey Skilled Nursing Facility | Real Estate & Operations Sale asks for $17,020,185.
Turnkey Skilled Nursing Facility | Real Estate & Operations Sale totals 39,610 square feet.
Turnkey Skilled Nursing Facility | Real Estate & Operations Sale was built in 2017.
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