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31643222
31732007

2900 S 70th St, Lincoln, NE 68506

RM
NE 901223
NAI FMA Realty
TG
NE 20000613
NAI FMA Realty
Listed by NAI FMA Realty
$13,900,000
52 days on market
Updated 34 days ago

Park One

Details
Property Type Office
Sub Type Traditional Office
Square Footage 62,519
Net Rentable (SqFt) 92,519
Cap Rate 7.00%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $222
Class A
Year Built 2000
Stories 4
Acreage 6.100
Zoning O-3
Investment Type Stabilized

Fully Leased Multi-Tenant Investment

Marketing description

Park One presents a premier opportunity to acquire a Class A, institutional-quality office asset in one of Lincoln, Nebraska’s most desirable and established office corridors. Strategically located along S. 70th Street, this 100% occupied property offers stable in-place income with long-term lease security, making it an ideal acquisition for investors seeking predictable cash flow and minimal near-term rollover.

The ±62,519 SF, four-story office building features modern architectural design, strong curb appeal, and a high-quality tenant environment. Recent common area renovations completed in 2023 enhance tenant experience and position the asset competitively within the market.

With 75% of the building leased through 2035, investors benefit from long-term income durability, while the property’s proximity to retail, dining, and residential amenities supports continued tenant retention and leasing strength.

Offered at a 7.00% cap rate, Park One represents a rare opportunity to acquire a stabilized, well-located office investment in a strong Midwest market.

Investment highlights

  • 100% Occupied – Fully stabilized asset with immediate cash flow
  • Long-Term Lease Security – 75% of space leased through Spring 2035
  • Attractive 7.00% Cap Rate – Strong yield for a stabilized Class A office investment
  • Class A Office Asset – Institutional-quality construction with modern design and professional image
  • Recent Capital Improvements – Renovated common areas (2023) enhancing tenant appeal
  • Strong Location – Situated in Southeast Lincoln’s premier office corridor with excellent access and visibility
  • High-Quality Tenant Environment – Established tenancy supporting long-term stability
  • Ample Parking – 318 total stalls (approx. 5:1 ratio) including surface and garage parking
  • Large Site – Positioned on ±6.10 acres allowing for strong site functionality and access
  • Efficient Building Size – ±62,519 SF across 4 floors offering institutional scale
  • Established Submarket – Proven office location with strong surrounding demographics and amenities

Listing Contacts

RM
NE 901223
NAI FMA Realty
TG
NE 20000613
NAI FMA Realty
Listed by NAI FMA Realty

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