Mixed-use
Mixed-Use Property
Mixed-use buildings combine commercial space with another use, often residential or a second commercial tenant. Bryan Robinson helps buyers, sellers, and landlords in Omaha and Lincoln sort the income, the layout, and who the building is really for.
Bryan Robinson
NHS Commercial
Professional Sales Agent | Licensed in Nebraska
More than one use
A ground-floor shop with apartments above, or an office and warehouse in one building, has to be underwritten as the combination it is. Parking, access, separate utilities, and how the uses affect each other matter. Zoning should allow the mix that is being sold or leased. See zoning.
Income, leasing, and sales
Each use can have its own lease, its own vacancy, and its own expenses. NOI still starts from income you can document. Buyers use the buy process. Owners can sell or list space for lease. A business that will occupy one part of the building should also read owner-user property.
Questions people ask
Is mixed-use harder to finance?
Lenders look at the mix, the occupancy, and the income. The financing article explains how commercial loans are generally sized. The term sheet is the specific answer.
Can one space be leased while another is owner-occupied?
Yes. The lease and the owner's occupancy should both be clear in the offering and in the underwriting.
Where are these buildings?
In the Omaha and Lincoln metros and in surrounding Eastern Nebraska towns where a mixed-use building fits the market.
Looking at a mixed-use building?
Call or text Bryan at 402-521-3000.
Bryan Robinson
NHS Commercial
Professional Sales Agent | Licensed in Nebraska