Map of Property

1240–1340 W O St

1240–1340 W O St, Lincoln, NE 68528

  • For Sale $3,450,000
  • Property Type Retail
  • Property Size 59,120 SF
  • Lot Size 5.22 Acre
  • Date Updated Feb 11, 2025

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

 

 

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Contacts

broker
Marc Hausmann Is this you?

NAI FMA Realty

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable

  • Transit Score ®

    21/100 Minimal Transit

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lincoln, NE
  • Neighborhood Capitol Beach
  • Zip Code 68528
  • Market Omaha

Points of Interest

  • Lincoln

    1.41 miles

  • Train Depot

    3.33 miles

  • Phillips 66

    0.15 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

  • Blue 3

    1.44 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

  • Valentino's

    0.00 miles

  • Taco Bell

    0.13 miles

  • DQ Grill & Chill

    0.46 miles

  • Popeyes

    0.50 miles

  • Runza

    0.65 miles

  • McDonald's

    0.86 miles

  • Sonic

    1.14 miles

  • Subway

    1.14 miles

  • Amigos

    1.17 miles

  • Pizza Hut

    1.20 miles

  • Schmick's Market

    0.05 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

Frequently Asked Questions

How much does 1240–1340 W O St cost?

The space currently listed for sale at 1240–1340 W O St asks for $3,450,000.

What is the total square footage of 1240–1340 W O St?

1240–1340 W O St totals 59,120 square feet.

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Contact Listing Broker
broker
Marc Hausmann Is this you?

NAI FMA Realty

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