1240–1340 W O St
1240–1340 W O St, Lincoln, NE 68528
Prime Multi-Tenant Shopping Center for Sale – Lincoln, NE
This exceptional investment opportunity features a multi-tenant shopping center in Lincoln, NE, comprising four buildings: a strip center, office building, stand-alone restaurant, and a large grocery/retail space. The property is 92% occupied and offered at an attractive 6.5% cap rate.
Recent property upgrades include a newly milled and overlaid parking lot, exterior renovations, and roof replacements, ensuring a well-maintained and modernized asset.
Strategically located with seven access points along West O Street, NW 14th Street, and Capitol Beach Blvd, the center offers excellent visibility and accessibility. It sits directly across from the Kinetic Sports Complex and is conveniently near Lincoln’s Historic Haymarket, Pinnacle Bank Arena, Memorial Stadium, downtown, and the I-80 corridor.
Additionally, the site may qualify for redevelopment assistance from the City of Lincoln, presenting further investment potential.
Financial information is available with a signed NDA
Reach out to the broker for more info on lease terms and amenities
False
Contacts
NAI FMA Realty
Building Details
- For Sale $3,450,000
- Property Type Retail
- Property Size 59,120 SF
- Lot Size 5.22 Acre
- Date Updated Mar 7, 2025
Getting Around
-
Walk Score ®
Somewhat Walkable (56) -
Transit Score ®
Minimal Transit (21) -
Bike Score ®
Somewhat Bikeable (49)
Location
- City Lincoln, NE
- Neighborhood Capitol Beach
- Zip Code 68528
- Market Omaha
Points of Interest
Train Depot
3.33 miles
Casey's General Store
0.42 miles
Sinclair
0.85 miles
Russ's Fuel Express
1.22 miles
U-Stop Convenience Shop
1.89 miles
Kwik Shop
1.90 miles
Tesla Supercharger
4.54 miles
Green 2
1.44 miles
Yellow 4
1.45 miles
Red 1
1.45 miles
Arena Premium Parking
1.46 miles
Lot 2
1.47 miles
West Depot
1.49 miles
Public Parking
1.53 miles
Lumberworks Garage
1.54 miles
Staff Parking
1.55 miles
Russ's Market
1.17 miles
Canopy Street Market
1.52 miles
Open Harvest Co-Op Grocery
2.66 miles
IGA
2.94 miles
Fresh N Save
3.09 miles
New Market
3.13 miles
Super Saver
3.63 miles
A Street Market
3.72 miles
Target
4.47 miles
1240–1340 W O St Listing Summary
-
What is the asking price at 1240–1340 W O St?
1240–1340 W O St is currently listed for sale at $3,450,000.
-
What is the total size of 1240–1340 W O St?
1240–1340 W O St has a total of 59,120 square feet.
NAI FMA Realty
