Commercial/industrial - Office

121 & 125 31st Street, Kearney, Nebraska 68847

$879,900

0 Bedrooms
0 Bathrooms
6 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
: Parking Area, Paved, Concrete, Parking Space, Parking Garage
No
20-50
N/a
No
No
Address Map
NE
Kearney
2 - NE in town Kearney (N of 25t
68847
31st Street
121 & 125
W100° 55' 15.5''
N40° 42' 22.2''
Listing Information
14,882.44
C21 Midlands
Brandon
Benitz
Office
Active
121 & 125 E 31st Street
: E
68847
8-10 Feet
2025
C-o
No
Frame
Basic Details
Property Type : Commercial/industrial
Listing Type : For Sale
Listing ID : 20260997
Price : $879,900
Bedrooms : 0
Bathrooms : 0
Square Footage : 6 Sqft
Status : New Listing
Year Built : 0
Lot Area : 0 Sqft
Days On Market : 3
Approx. Age : 26-40 Years
Contact Agent