35 EAST RETAIL FOR LEASE LINCOLN NE N 8TH STREET STE 140 DAVE MEAGHER WRKLLC.COM
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1 35 EAST RETAIL FOR LEASE DAVE MEAGHER WRKLLC.COM 40 N 8TH STREET STE 140 LINCOLN NE 68508
2 AREA OVERVIEW 2 LINCOLN, NE 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 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. DEMOGRAPHICS 2014 DAYTIME POPULATION 2016 RESIDENT POPULATION 2016 HOUSING UNITS 2016 AVG. FAMILY INCOME 3 MILE 5 MILE METRO 171, , , , , ,907 51,191 89, ,888 $55,502 $63,670 $70, NPR.ORG, FORBES, 2016 d 2. ZILLOW.COM, CBS NEWS, DLA ANNUAL REPORT, 2016 d *DEMOGRAPHIC ESTIMATES CALCULATED USING US CENSUS TRACT DATA
3 AREA MAP AREA OVERVIEW
4 PROPERTY SUMMARY 4 PROPERTY INFORMATION 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. West Building - South Elevation West Building - East Elevation
5 Site from East Campus Main Gate PROPERTY SUMMARY East Campus Main Gate from Site East Building - Northeast Perspective Site & Idylwild Dr. from East Campus Main Gate
6 FLOORPLANS 6 EAST BUILDING - FIRST FLOOR HOLDREGE ST. FLOORPLANS SUITE 110: RETAIL SIZE : 1,020 SF The East Building s Suite 110 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. ELEV EQ. CORRIDOR MECH VALENTINO S 1,020 SF SUPERCUTS CULTIVA ENTRY OPEN IDYLWILD DR. PARKING
7 Dave Meagher phone fax WRK, LLC Sawmill Building 440 N 8th Street, Suite 140 Lincoln, NE wrkllc.com Monday - Friday: 8:00 am - 5:00 pm Saturday - Sunday: Office Closed
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