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15384602
15384601

401 N Lincoln Ave, York, NE 68467

SA
NE NE 20160990
NHS commercial
Listed by NHS commercial
$999,990
838 days on market
Updated 27 days ago

401 N Lincoln Ave, York NE- Fully Leased

Details
Property Type Mixed Use, Office
Sub Type Traditional Office
Square Footage 6,932
Net Rentable (SqFt) 6,932
Units 2
Cap Rate 7.85%
NOI $78,486
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $144
Broker Co-Op Yes
Year Built 1983
Year Renovated 2022
Buildings 2
Stories 1
Lot Size (SqFt) 10,800
Zoning Commercial
Investment Type Net Lease

New Extended Lease with South East Community College Nursing Program and a Day Care

Marketing description

NHS Commercial is pleased to offer for sale this fully leased multi tenant property in the thriving downtown area of York, Nebraska. Extended three year lease!

Tenant #1 is South East Community College - SEC offers the town of York and surrounding communities a Nursing Program out of this location which is the east building and has been fully renovated in 2022.

Tenant #2 is Little Jumpers Daycare - The building Little Jumpers occupies has a new roof and new windows and the interior was remodeled in 2021.

Tenants pay their own utilities and the landlord pays the water bill and prorates the charges back to the tenants.

Landlord is in charge of CAM with all cost charged back to the tenants through monthly CAM fees.

Landlord/owner is also a Licensed Real Estate Broker in the State of Nebraska and Florida.

Please contact Landlord for lease information.

Steve A. Arens

402-417-8980

[email protected]

Listing Contacts

SA
NE NE 20160990
NHS commercial
Listed by NHS commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,486.00
$6,540.50/mo

Valuation Metrics

0
DSCR
7.85%
Cap Rate
7.85%
ROI

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Additional Information

Name
Steve Arens
License
NE 20160990
Brokerage Address
4230 Pioneer Woods Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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