20 FLOOR - 195,456 RSF VALUE-ADD OFFICE/REDEVELOPMENT
Office | 294,655 SqFt
Marketing description
LINE Partners is pleased to exclusively present the opportunity to acquire the U.S. Bank Tower, a premier high-rise asset located at 233 S. 13th Street in the heart of Downtown Lincoln, Nebraska.
Rising 20 stories and standing as the one of the tallest buildings in Lincoln, the U.S. Bank Building is a true downtown landmark with approximately 195,456 RSF (per BOMA) of office space. The property is currently 40% vacant, offering investors a rare opportunity to reposition or redevelop a prominent tower within Lincoln’s urban core. The building is anchored by well-known, established tenants, providing a stable income base while leaving significant upside through lease-up or transformation into alternative uses.
Located directly across from the site of the future Lincoln Convention Center, the U.S. Bank Tower benefits from exceptional visibility, walkability, and access to the University of Nebraska Lincoln, Lincoln’s government offices, retail, dining, and entertainment amenities. The property’s scale and central location uniquely position it for a wide range of redevelopment options, including Class A office, residential, hospitality, or mixed-use concepts.
This offering represents a generational opportunity to acquire and reimagine one of Lincoln’s most recognizable assets. With its unmatched height, prime location, and substantial value-add potential, the U.S. Bank Tower is ideally positioned for investors and developers seeking to participate in the continued growth and revitalization of downtown Lincoln.
Investment highlights
Iconic Asset – 20-story US Bank Building, one of Lincoln’s most recognizable and prestigious office towers.
Premier Downtown Location – In the core of Lincoln’s central business district, walkable to the Historic Haymarket, Pinnacle Bank Arena, and Memorial Stadium.
Skyline Presence – Third tallest building in Lincoln, offering unmatched 360° views and strong tenant visibility.
Value-Add Potential – ~40% vacancy allows investors to capture significant upside through lease-up, repositioning, or redevelopment.
Catalyst for Growth – Directly across from the future Lincoln Convention Center and adjacent to the Cornhusker Marriott’s $multi-million renovation project, fueling downtown momentum.
Stable Market Base – Anchored by a diverse tenant mix in Nebraska’s growing capital city with a strong university, government, and corporate presence.
Institutional-Quality Opportunity – Rare chance to acquire a landmark office tower in a Midwest market with long-term growth fundamentals.
Parking & Skywalk Downtown Accessibility – The building offer rare onsite parking and direct access to Lincoln’s downtown skywalk system providing convenient, weather protected connectivity to nearby offices, retail and amenities.
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