Park One: Class A Office Investment Opportunity in Southeast Lincoln

Park One Class A office building exterior at 2900 S 70th Street in Lincoln, Nebraska with modern facade and landscaped entrance

 

Investors seeking stable income, long-term tenancy, and a premier office location should take a close look at Park One, a Class A suburban office property now available for sale in one of Lincoln’s most desirable professional corridors.

Located at 2900 S. 70th Street in Lincoln, Nebraska, this high-quality office asset combines strong in-place income with long-term upside in a proven submarket.

Property Overview

  • Property Name: Park One
  • Address: 2900 S. 70th Street, Lincoln, NE
  • Asking Price: $13,900,000
  • Cap Rate: 7.0%
  • Building Size: 62,519 SF
  • Year Built: 2000
  • Land Area: 6.10 Acres
  • Parking: 304 surface stalls + 14 garage stalls
  • Occupancy: 100%

This four-story office building offers a strong institutional-quality presence with modern design, excellent parking, and a highly professional tenant environment.

Investment Highlights

Stabilized, Income-Producing Asset
Park One is currently 100% occupied, providing immediate and reliable cash flow for investors.

Long-Term Lease Security
Approximately 75% of the building is leased through Spring 2035, offering long-term income stability and reduced rollover risk.

Class A Office in a Proven Submarket
Situated in southeast Lincoln, this property benefits from a well-established office corridor known for strong tenant demand and accessibility.

Recent Capital Improvements
The building underwent common area renovations in 2023, enhancing tenant experience and maintaining competitiveness in today’s office market.

Attractive Design & Tenant Appeal
Modern architecture, professional finishes, and strong curb appeal contribute to tenant retention and long-term asset value.

Location Advantage

Park One is strategically positioned near S. 70th Street and Normal Blvd, providing excellent access to major thoroughfares and surrounding amenities.

The site layout (as shown in the aerial on page 4 of the flyer) highlights a well-designed campus with ample parking and strong surrounding residential and commercial development—further supporting tenant demand and long-term desirability.

Why This Investment Makes Sense

In today’s market, investors are prioritizing:

  • Stability over speculation
  • Long-term leased assets
  • High-quality buildings in strong locations

Park One checks all three boxes. With a 7.0% cap rate, full occupancy, and long-term lease structure, this property offers a compelling balance of yield and security.

Ideal Buyer Profile

  • 1031 exchange buyers seeking a stabilized asset
  • Private investors targeting passive income
  • Institutional investors looking for strong office fundamentals
  • Family offices focused on long-term hold strategies

Work With Local Experts

Park One is exclusively listed by:

Richard Meginnis, SIOR: rmeginnis@naifma.com

Tom Graf, CCIM: tgraf@naifma.com 

At NAI FMA Realty, our team provides deep local market knowledge and strategic guidance to help investors make confident, data-driven decisions.

Explore the Opportunity

Opportunities like Park One—Class A, fully occupied, long-term leased office assets—are increasingly rare in today’s market.

Contact our team today to learn more about this property or to schedule a private tour.