Listed by Greenleaf Commercial Real Estate
$2,500,000
Sandstone Office Building
Details
APN 17-06-207-003-000
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 19,518
Net Rentable (SqFt) 14,734
Cap Rate 5.03%
NOI $125,744
Occupancy 83.22%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 7.59%
Pro-Forma NOI $189,650
Price per SqFt $170
Class A
Year Built 2003
Buildings 1
Stories 2
Acreage 1.660
Zoning I3-Employment Center District
Parking Spaces 67 spaces
Parking per 1,000 SqFt 3.43
Office | 19,518 SqFt
Marketing description
The Sandstone office building is a well maintained Class A office building originally built as a corporate headquarters in north Lincoln. Designed with modern finishes and a professional layout, the building features high end interior finishes thoughtfully designed common areas, and ample natural light, creating an attractive and functional work environment.
Listing Contacts
Listed by Greenleaf Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$125,744.02
$10,478.67/mo
Valuation Metrics
0
DSCR
5.03%
Cap Rate
5.03%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Name
License
Brokerage
Title
Is there information that looks off?
