2501 Lakeridge Drive
$1,799,999
2501 Lakeridge Drive, Norfolk, NE 68701
For Sale
Office
Building
Active
Last Updated: 04/02/2026
12,478 sqft
Building Size
1.11 acres
Lot Area
Details:
Building Size: 12,478 sqft
Lot Area: 1.11 acres
Class: B
Units: 5
Year Built: 1998
Floors: 1
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.
Description:
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.
Southwest Corner of Benjamin Ave and N 25th Street
Documents:
| Title | ||
|---|---|---|
| Sale_Flyer.pdf |
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Location
Gallery
