USDA Service Centers Investment
110 South Main Street Rushville, NE 69360
110 South Main Street, Rushville, NE, 69360
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For Sale
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Two USDA Service Centers providing stabilized income stream from US government.
Property Size5,022 SF
Price / SF$276.38
Days on Market67
Property Features for 110 South Main Street
General Information
- Standard status
- Active
- Size
- 5,022 SF
- Property subtype
- Office
Building Details
- Year Built
- 2003
Listing Agency
Colliers - Dallas, Texas
(847) 987-1265
Listed by
Geoff Ficke · License #TX 0593051
Source
Crexi
Added: May 14 Checked: Jul 19 at 6:20 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Dallas, Texas
Investment Insights
Based on property information with market context.
Two U.S. Department of Agriculture (USDA) Service Centers are available for acquisition, located at 110 S Main Street, Rushville, NE and 518 West Highway 20, Valentine, NE. The USDA Rushville was built-to-suit in 2003 and renovated in 2015, with a new roof and gutters in 2019. The USDA Rushville offers 3,300 rentable square feet. The current lease was extended on December 1, 2024, and expires November 30, 2029, with an opportunity to renew the lease in 2029 and request a rental rate increase. Rushville is the county seat of Sheridan County, the fourth largest county in the state, with over 1.5 million acres of farmland. The USDA Valentine offers 5,022 rentable square feet. The current USDA lease was extended on August 1, 2024, and expires July 31, 2029. The USDA was originally built-to-suit in 1979 with extensive renovations in 2012, which included demising the building into two suites, adding the Lincare, Inc tenant. The USDA invested in new furniture for their suite in 2019. Lincare, Inc is currently on a month-to-month lease, presenting a value-add opportunity to negotiate a new longer-term lease. Lincare Inc, a medical equipment supplier, has been a long-term tenant since 2012, assisting clients with chronic illness with 24/7 support and in-home instruction and set-up, specializing in respiratory and oxygen care with a full line of durable medical equipment. Valentine is the county seat of Cherry County, the largest county for land about the size of Delaware and Rhode Island combined and has over 3 million acres of farmland. Both buildings include the Farm Service Agency, Natural Resource Conservation Service, and Rural Development, providing mission-critical support to local farmers in these agriculture communities.
Key Highlights
- Stable income stream guaranteed by the United States government with a history of lease renewals.
- Located in the county seats of Sheridan and Cherry Counties, providing mission‑critical support to local farmers.
- Leases extended in 2024, expiring in 2029, with renewal options and potential for rental rate increases.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Two USDA Service Centers providing stabilized income stream from US government.
Where is this office building located?
The property is located at 110 South Main Street Rushville, NE.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Stable income stream guaranteed by the United States government with a history of lease renewals.; Located in the county seats of Sheridan and Cherry Counties, providing mission‑critical support to local farmers.; Leases extended in 2024, expiring in 2029, with renewal options and potential for rental rate increases.
