35 east - loopnet · office / retail space for lease 440 n 8th street ste 140 lincoln ne 68508 dave...
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35 EAST OFFICE / RETAIL SPACE FOR LEASE
440 N 8TH STREET STE 140 L I NCOLN NE 68508
Dave Meagher
Dave@wrkl lc . com
402 477 4767
WRKLLC .COM
3455 -3535 HOLDREGE STREET / LINCOLN, NE 68503
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OVERVIEW
LINCOLN, NE
AREA
One of only a handful of US cities with the State Capitol and Flagship University Campus, Lincoln is ‘a nearly recession-proof city which is not slowing down’.1
The past decade, while economically devastating to many communities, provided telling proof of Lincoln’s resilience and strength. In 2009 while the US home value index was only midway through it’s eventual 23% decline, Lincoln had already begun to rebound from it’s meager 3.1% drop. Utilizing this headstart, Lincoln’s market currently stands 17% higher than it’s previous peak while the US average still hasn’t fully recovered to pre-recession levels.2 Over the past 10 years, the city’s downtown alone experienced $1.3 Billion in investment, creating infrastucture that set the stage for nearly 50% growth in downtown hotel rooms and boosted downtown residents by 90%.3
With over 36% of its residents possessing a bachelors degree or higher, Lincoln boasts a workforce that is as educated as it is hardworking. The city has leveraged this hotbed for skilled young entreprenuerial talent, in addition to its low business and living costs, to become a top 10 ‘best place for Business and Careers’.4 Lincoln’s Historic Haymarket District provides visual evidence of the city’s business momentum, where once abandoned buildings now house more than 100 software startups, solidifying the Star City as a key hub for the emerging Midwest tech scene, better known as ‘The Silicon Prairie’.5
1. NPR.ORG, 2015 4. FORBES, 2016 d 2. ZILLOW.COM, 2016 5. CBS NEWS, 2016 3. DLA ANNUAL REPORT, 2016 d
PROPERTY AREA
Anchoring the south end of the University of Nebraska - Lincoln’s East Campus, the new 35 East development offers excellent visibility to thousands of area students, faculty, employees, and visitors. In addition to the substantial surrounding residential, the property’s location provides great access to employees and visitors of the University of Nebraska System Administrative Offices, NET Nebraska Broadcasting Headquarters, and the world-renowned International Quilt Study Center & Museum. The two most popular bus routes in Lincoln’s Star Tran bus system, Routes 24 & 25 which carry a combined average weekday ridership of over 4,000, stop within a few hundred feet of the project site.
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3 MILE 5 MILE METRO
171,837 260,070 359,986
114,912 203,922 318,907
51,191 89,653 132,888
$55,502 $63,670 $70,400
AREA MAP
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PROPERTY
The recently constructed 35 East mixed-use development brings 54 modern residential units and approximately 19,000 square feet of brand new retail space to the UNL East Campus Holdrege Street corridor. Built on the site of the Original Valentino’s restaurant, the 2+ acre development features 165 convenient parking stalls that service the three-story buildings’ commercial tenants, which currently include local favorites, Valentino’s Pizza and Cultiva Coffee, in addition to Supercuts Hair Salon.
PROPERTY INFORMATION
SUMMARY
West Building - South Elevation West Building - East Elevation
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West Building - Northeast Perspective
West Building - Drive Thru
West Building - Northeast Perspective East Campus Main Gate from Site
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FLOORPLANS
FLOOR PLATE : OFFICE/RETAIL SIZE : UP TO 9,794 SFRENT: $14-17/SF NNN
Fronting the busy Holdrege Street corridor across from UNL East Campus’s main entrance, the West Building’s First Floor offers up to
approximately 9,794 square feet of brand new, divisible retail space. Surrounded by substantial residential and thousands of students, employees, and visitors daily, this site offers an excellent visibility and access for any office, retail, or related use. Building patrons can get in and out quickly with the convenient southside drive-thru and 165 on-site parking stalls located to the south of the building.
WEST BUILDING - FIRST FLOOR3455 Holdrege Street, Lincoln, NE 68503
HOLDREGE ST.
>>DRIVE THRU>>
PARKING
AVAILABLE 9,794 SF
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110
SUITE 110: OFFICE/RETAIL SIZE : 1,013 SFRENT: $14-$17/SF NNN
The East Building’s Suite provides approximately 1,020 square feet of prime commercial space in the active East Building along the Holdrege Street Corridor. Fellow tenants include local favorites, Valentino’s Pizza and Cultiva Coffee, in addition to Supercuts Hair Salon. 165 on-site parking stalls located to the south of the building provide customers with quick and convenient parking.
VALENTINO’S SUPERCUTS CULTIVA
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HOLDREGE ST.
PARKING
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OPEN
EAST BUILDING - FIRST FLOOR3535 Holdrege Street, Lincoln, NE 68503
Dave MeagherDave@wrkl lc . com 402-477 -6767
WRK, LLCSawmi l l Bu i ld ing440 N 8th St reet , Su i te 140 L incoln , NE 68508
wrkl lc . comMonday - F r iday : 8 :00 am - 5 :00 pm Saturday - Sunday : Off i ce Closed