Investment Overview
Class A suburban office investment opportunity at Park One, located at 2900 S. 70th Street. The property consists of a 62,519 SF, four-story office building situated on approximately 6.10 acres and is offered at $13,900,000 (7.0% cap rate). The building is 100% occupied with stable tenancy, including long-term leases in place with approximately 75% of the building leased through spring 2035. Built in 2000 and recently enhanced with common area renovations completed in 2023, the property
Investment Highlights
- 62,519 SF Class A office building
- Sale Price: $13,900,000
- Cap Rate: 7.0%
- 100% occupied with stable tenancy
- ~75% of building leased through spring 2035
- Four-story building on 6.10 acres
- Built in 2000 with recent renovations (2023)
- 304 surface parking stalls + 14 private garage stalls
- Parking ratio approx. 5:1
- Zoned O-3
- Modern design with strong curb appeal
- Premier southeast Lincoln office location