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Centro Plaza 400 N 48th St

1,565 - 4,645 SF of Retail Space Available in Lincoln, NE 68504

Highlights

  • Successful national and local co-tenants
  • Centrally located
  • Plaza history of low vacancy

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste B2
  • 1,565 SF
  • Negotiable
  • $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,348 /MO $28,170 /YR
  • Triple Net (NNN)
400 N 48th St - 1st Floor - Ste B2
Space Use
Retail
Condition
Shell Space
Availability
120 Days

First-generation space, ready for tenant improvements. Willing to divide! Lease Rate - $17-$18 PSF, NNN

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • 1st Floor, Ste C7
  • 3,080 SF
  • Negotiable
  • $17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $4,363 /MO $52,360 /YR
  • Triple Net (NNN)
400 N 48th St - 1st Floor - Ste C7
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

C7 is a former fitness space.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste B2 1,565 SF Negotiable $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,348 /MO $28,170 /YR Triple Net (NNN)
1st Floor, Ste C7 3,080 SF Negotiable $17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $4,363 /MO $52,360 /YR Triple Net (NNN)

400 N 48th St - 1st Floor - Ste B2

Size
1,565 SF
Term
Negotiable
Rental Rate
$18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,348 /MO $28,170 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
120 Days

First-generation space, ready for tenant improvements. Willing to divide! Lease Rate - $17-$18 PSF, NNN

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition

400 N 48th St - 1st Floor - Ste C7

Size
3,080 SF
Term
Negotiable
Rental Rate
$17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $4,363 /MO $52,360 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

C7 is a former fitness space.

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT Centro Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • DSW
  • Shoes
  • 667
  • International
  • Five Below
  • Dollar/Variety/Thrift
  • 2,312
  • National
  • Kirkland's
  • Furniture/Mattress
  • 556
  • National
  • Michaels
  • Art/Crafts
  • 1,524
  • International
  • T.J. Maxx
  • Other Retail
  • 1,720
  • International
Tenant Description US Locations Reach
DSW Shoes 667 International
Five Below Dollar/Variety/Thrift 2,312 National
Kirkland's Furniture/Mattress 556 National
Michaels Art/Crafts 1,524 International
T.J. Maxx Other Retail 1,720 International

PROPERTY FACTS FOR 400 N 48th St , Lincoln, NE 68504

Center Type Neighborhood Center
Parking 668 Spaces
Center Properties 2
Frontage
666’ on 48th St
  • 642’ on R St
Gross Leasable Area 119,056 SF
Total Land Area 12.97 AC
Year Built 1986
Cross Streets R St

About the Property

Join successful Centro Plaza! The center is anchored by TJ Maxx, DSW, Five Below, Kirklands and Michaels. B2 is a first-generation space, ready for tenant improvements. C7 is a former fitness space. Centro Plaza offers easy access in the heart of Lincoln’s busy retail corridor – 48th Street just north of O Street.

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Hy-Vee
McAlister's Deli
Outback Steakhouse
Starbucks
Natural Grocers
Noodles & Company
Bank of Montreal
U.S. Bank
Davinci's
Cheddar's Scratch Kitchen
  • Listing ID: 11957263

  • Date on Market: 2/15/2024

  • Last Updated:

  • Address: 400 N 48th St, Lincoln, NE 68504

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