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For Sale

2501 Lakeridge Drive, Norfolk, NE for sale

2501 Lakeridge Drive,
Norfolk, NE 68701

Asset Snapshot

1998
Year Built
1
Floor Count

Offering Summary

Investment Overview

Ideal for Owner-User: Future flexibility to occupy space while benefiting from in-place income during the hold period. Lease Expiration Timeline (2028): All/major leases expiring by end of 2028 provide a clear, near-term opportunity to reset rents to market without long-term encumbrances. Below-Market Rents In-Place: Existing tenants are paying lease rates significantly under current market levels, creating immediate upside potential for a new owner. Growing Local Demand Drivers: Norfolk’s regional economic activity supports long-term office demand and rent growth potential.


Investment Highlights

  • Ideal for Owner-User: Future flexibility to occupy space while benefiting from in-place income during the hold period.
  • Lease Expiration Timeline (2028): All/major leases expiring by end of 2028 provide a clear, near-term opportunity to reset rents to market without long-term encumbrances.
  • Below-Market Rents In-Place: Existing tenants are paying lease rates significantly under current market levels, creating immediate upside potential for a new owner.
  • Growing Local Demand Drivers: Norfolk’s regional economic activity supports long-term office demand and rent growth potential.

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Listing Syndicated From

Buildout
For Sale
$1,579,000
Asking Price