For Sale

121 & 125 E 31st Street Kearney, Nebraska 68847-0000

$879,900
5,001 Sqft
Property Description

The asset is secured by 2 multiple-year leases with regular rent increases, offering investors stable, growing income with minimal ownership responsibilities. The property benefits from being a professional office building whose Tenants are a pediatric dentistry and an insurance brokerage. This investment opportunity is well-suited for buyers seeking predictable income, low management intensity, and stable real estate returns. Investment Highlights: • Current cap rate: 6.02% – with current property management • Pro-forma cap rate: 6.83% – if self-managed • Passive, Management-Light Ownership • All internal utilities are Tenant’s responsibility • Includes 3 private parking lots • Dedicated monument sign along 31st Street • Has been professionally managed by Century 21-Midlands Property Management for many years • Full due diligence including property management annual income and expense statement available

Features
: Electric
: Central Air
: Asphalt, Pitch
Address Map
US
NE
Kearney
68847-0000
121 & 125 E 31st Street
121 & 125
Listing Information
C21 Midlands
Brandon
Benitz
1696
: Office
2 - NE in town Kearney (N of 25t
: Active
3
: C-o
No
No
Excellent investment opportunity located just 2 blocks from CHI Health / Good Samaritan Hospital!
Frame
: At Closing
: Electric, City Water, City Sewer, Gas
26
20-50
1
14,882.44
Basic Details
Property Type : Commercial/industrial
Listing Type : For Sale
Listing ID : 20260997
Price : $879,900
Square Footage : 5,001 Sqft
Status : NEW LISTING
Contact Agent