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2811 N 48th St 2,452 SF Retail Building Lincoln, NE 68504 $1,020,075 CAD ($416.02 CAD/SF) 6% Cap Rate


Investment Highlights
- 5 Year Renewals with 5% Increase
- Tenant in place since 1981
- Lease Term Extended 10/25/2031
- Corporate Guaranteed
- Newly Remodeled
- Single-Tenant NNN Lease
Executive Summary
NAI FMA Realty is pleased to present this single-tenant net-leased investment opportunity located at 2811 N 48th Street in Lincoln, Nebraska. This 2,709 SF retail property sits on 0.33 acres and is zoned B-3, offering strong underlying real estate fundamentals.
The lease term has been extended to October 2031, and the tenant has multiple 5-year options remaining.
The property is leased to a long-standing corporate-backed tenant who has occupied the site since 1981, demonstrating exceptional operating history and location stability. The lease structure features a true NNN format, providing passive income for investors, along with five (5) five-year renewal options that include 5% rental increases, creating built-in income growth and hedge against inflation.
The building has been newly remodeled, further enhancing the durability and long-term viability of the asset. Offered at $725,000, the investment provides a 6.0% cap rate with a secure corporate guaranty and minimal landlord responsibilities.
This offering presents an ideal opportunity for 1031 exchange buyers or investors seeking stable, management-light cash flow backed by a proven operator.
The lease term has been extended to October 2031, and the tenant has multiple 5-year options remaining.
The property is leased to a long-standing corporate-backed tenant who has occupied the site since 1981, demonstrating exceptional operating history and location stability. The lease structure features a true NNN format, providing passive income for investors, along with five (5) five-year renewal options that include 5% rental increases, creating built-in income growth and hedge against inflation.
The building has been newly remodeled, further enhancing the durability and long-term viability of the asset. Offered at $725,000, the investment provides a 6.0% cap rate with a secure corporate guaranty and minimal landlord responsibilities.
This offering presents an ideal opportunity for 1031 exchange buyers or investors seeking stable, management-light cash flow backed by a proven operator.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,452 SF
Building Class
C
Year Built
1981
Price
$1,020,075 CAD
Price Per SF
$416.02 CAD
Cap Rate
6%
NOI
$61,204 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.33 AC
Zoning
B3 - General Business
Parking
8 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
118’ on N 48th St
Amenities
- Pylon Sign
Moderately walkable
60/100
Fairly drivable
50/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-17-113-008-000 | Improvements Assessment | $757,810 CAD |
| Land Assessment | $233,140 CAD | Total Assessment | $990,950 CAD |
Property Taxes
Parcel Number
17-17-113-008-000
Land Assessment
$233,140 CAD
Improvements Assessment
$757,810 CAD
Total Assessment
$990,950 CAD
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2811 N 48th St
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