1600 P Street

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1600 P Street

Lincoln, NE 68508
Asking Price
$1.80M
Asset Type
Bank Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail bank property located in downtown Lincoln Nebraska
  • Asset spans 1,693 square feet of total space
  • Acquisition price is set at 1,800,000 for the site
  • Central urban location near major educational and government employers
  • Property layout is optimized for traditional financial services operations

What's Special

Priced at 1,800,000, this 1,693 square foot retail bank property occupies a prominent position at 1600 P Street in Lincoln, Nebraska. The downtown location places the asset within the heart of the state capital, an area characterized by its steady administrative and educational employment base anchored by the University of Nebraska and surrounding government offices. This submarket maintains consistent pedestrian and vehicular activity, supporting a range of service-oriented businesses and professional firms. Given the existing infrastructure tailored for financial services, the building is well-positioned for continued use as a banking facility or could be repurposed to accommodate high-end boutique retail or specialized professional office requirements. The site offers visibility and accessibility within a well-traveled urban corridor, making it a viable acquisition for investors or owner-occupiers seeking a strategic foothold in Lincoln's central business district. The property represents a manageable footprint suitable for operations requiring a central presence.

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

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