345 N 23rd St Lincoln, NE 68503
Hawley NeighborhoodEstimated payment $1,870/month
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- Lot Dimensions are 70.13 x 142016
- Corner Lot
- Level Lot
Location
- City Lot
Schools
- Elliott Elementary School
- Lefler Middle School
- Lincoln High School
Utilities
- Fiber Optics Available
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Antelope Square Subdivision
Listing and Financial Details
- Assessor Parcel Number 1024243015000
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | Pending | -- | -- | -- |
| 11/07/2025 11/07/25 | Price Changed | $292,640 | -7.7% | -- |
| 06/25/2025 06/25/25 | For Sale | $317,028 | -- | -- |
Source: Great Plains Regional MLS
MLS Number: 22517485
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