Login

345 N 23rd Street, Lincoln, NE 68503

Lincoln
Local realty services provided by:CENTURY 21 Century Real Estate
345 N 23rd Street,Lincoln, NE 68503
$292,640
  • 0 Acres
  • Lots / Land
  • Pending
Listed by: joe mara
Office: woods bros realty
MLS#:22517485
Source:NE_OABR

Price summary

  • Price:$292,640

About this home

This property has a 99 year ground lease in place which began July 1, 2021. The lease is an absolute NNN, with no landlord responsibilities or expenses. The monthly rent July 1, 2025 is $1585.14. The annual rental increases are 2%, or the consumer price index, whichever is greater. The property is improved with a $3,750,000 mixed use building that includes retail and housing. The price is based on a cap rate of 6, which is excellent for a ground lease with rate bumps. Typical rate bumps are at 5-10 year increments and are annual and compounding. Offers will require a three week response time to an RFR. The property itself is free and clear, and not subject to any debt on the improvements.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:22517485
  • Added:358 day(s) ago
  • Updated:June 18, 2026 at 07:41 AM

Structure and exterior

  • Lot Features:City Lot, Corner Lot, Curb Cut, Curb and Gutter, Level, Under 1/4 Acre

Schools

  • High school:Lincoln High
  • Middle school:Lefler
  • Elementary school:Elliott

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$292,640

New listings near 345 N 23rd Street