Milltowne

For Sale

610 J Street, Lincoln, NE 68508

This Lincoln property for sale is located at 610 J Street. The general use of Milltowne is office and it incorporates 18,156 square feet of class B office space. The current listed sale price for Milltowne is $2,325,000. Milltowne is situated on a lot that is 2.42 acre in size.

Contacts

Marc Hausmann

NAI FMA Realty

Property Details

  • Property Type Office - General Office
  • Property Size 18,156 SF
  • Lot Size 2.42 Acre
  • Building Class B
  • Year Built 1918
  • Date Updated May 7, 2026
Located in the heart of Lincoln’s Haymarket district, this property offers a premier downtown location with immediate access to the University of Nebraska–Lincoln, the Central Business District, and the city’s most active entertainment and dining corridor. The site benefits from strong walkability, nearby government offices, and proximity to major employers, creating a highly desirable environment for both tenants and investors.Office building investment opportunity at 610 J Street, offered at $2,325,000 with an NOI of $182,849 and a 7.86% cap rate. The 18,156 SF property is approximately 92% leased with a diverse tenant mix, providing stable in-place cash flow and future upside through lease renewals and rent growth. Ownership benefits from a condominium association that covers many common area expenses, including parking lot maintenance and snow removal, helping reduce operational responsibilities and improve expense predictability.Office space available for lease at 610 J Street, with suites ranging from 525 SF to 1,138 SF offered at $18.50/SF Modified Gross. Tenants are responsible for internet, in-suite janitorial, and content insurance. The property includes free surface parking and access to a shared conference room, providing a cost-effective and functional solution for small to mid-size office users. The building features a professional environment with convenient access to downtown amenities and government offices.
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Highlights

  • $18.50/SF Modified Gross lease rate
  • 18,156 SF office building
  • Approximately 92% leased
  • Common conference room available
  • Free surface parking
  • Located in Haymarket near UNL & downtown
  • NOI: $182,849 | Cap Rate: 7.86%
  • Sale Price: $2,325,000
  • Strong tenant mix with stable cash flow and upside potential
  • Suites available: 525 SF & 1,138 SF

Getting around

  • 85/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 96/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lincoln, NE
  • Neighborhood South Salt Creek
  • Zip Code 68508
  • Market Omaha

Points of Interest

  • Lincoln

    0.48 miles

  • Train Depot

    1.81 miles

  • Phillips 66

    0.30 miles

  • Sinclair

    0.70 miles

  • Super C

    0.84 miles

  • U-Stop

    0.95 miles

  • Casey's General Store

    1.07 miles

  • Gas Plus

    1.32 miles

  • Tesla Supercharger

    3.97 miles

  • Yellow 4

    0.28 miles

  • Lumberworks Garage

    0.30 miles

  • West Depot

    0.32 miles

  • Blue 3

    0.36 miles

  • Public Parking

    0.37 miles

  • Carriage Park Garage

    0.42 miles

  • Green 2

    0.43 miles

  • Cornhusker Square Garage

    0.47 miles

  • Center Park Garage

    0.48 miles

  • 1200-1298 M St Garage

    0.50 miles

  • Holiday Inn Express & Suites

    0.38 miles

  • Graduate by Hilton Lincoln

    0.42 miles

  • The Lincoln Mariott Cornhusker Hotel

    0.50 miles

  • Hyatt Place Lincoln Haymarket

    0.50 miles

  • Embassy Suites Lincoln

    0.54 miles

  • Hilton Garden Inn Lincoln Downtown/Haymarket

    0.55 miles

  • The Kindler Hotel

    0.57 miles

  • Courtyard Lincoln Downtown/Haymarket

    0.60 miles

  • TownHouse Extended Stay

    0.89 miles

  • Great Plains Motel

    1.64 miles

  • Canopy Street Market

    0.28 miles

  • Russ's Market

    1.16 miles

  • Open Harvest Co-Op Grocery

    1.17 miles

  • Fresh N Save

    1.56 miles

  • Schmick's Market

    1.58 miles

  • New Market

    1.91 miles

  • A Street Market

    2.20 miles

  • Leon's Gourmet Grocer

    2.34 miles

  • Super Saver

    2.83 miles

  • Target

    3.03 miles

Contact Listing Broker
Marc Hausmann

NAI FMA Realty

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