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Off Market
1/7

1919 S 40th St
Lincoln, NE 68506


HIGHLIGHTS

  • Well-maintained and professionally managed building
  • Prime location in the Plaza Mall South Office Condominiums

OVERVIEW

This exceptional 2,991 square foot medical office space is located inside the highly sought-after Plaza Mall South Office Condominiums and is 100% leased to Select Physical Therapy. The space is available for purchase at an incredibly competitive price of $375,000 ($125 per SF) — an outstanding value for Plaza Mall South. The tenant has a 5-year initial lease expiring 08/24/2026, with two 3-year options and rent increases at each renewal. The lease is structured as a NNN lease, providing the owner with a stable, hassle-free income. The property generates an annual income of $29,916, offering excellent returns on investment. Plaza Mall South is a well-managed and meticulously cared-for building, ideally situated in the heart of Lincoln, offering excellent access to local amenities, major roadways, and the area's robust healthcare infrastructure. This is a prime opportunity to own a high-quality medical office investment in a thriving location. Don’t miss out on this competitively priced, fully leased property with a secure income stream.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Plaza Mall South

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

72661

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.99 AC AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

17-31-200-017-036