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Multi-Tenant Office Investment Property

121 & 125 E 31st Street Kearney, NE 68847

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121 & 125 E 31st Street, Kearney, NE, 68847
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For Sale
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Professional office building with two multiple-year leases, tenant-paid internal utilities, and three private parking lots.

Days on Market4

Property Features for 121 & 125 E 31st Street

General Information

Standard status
Active
Property subtype
Office, Industrial
Listing Agency Century 21 Commercial Midlands
Listed by Brandon Benitz · License #NE
Source Crexi
Added: Jul 13 Checked: Jul 16 at 12:47 pm

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 Century 21 Commercial Midlands


Investment Insights

Based on property information with market context.

This professional office building offers income from two multiple-year leases. Tenancies include a pediatric dentistry and an insurance brokerage. The asset has been professionally managed for many years, and it includes tenant responsibility for internal utilities.

The property is described as being two blocks from CHI Health/Good Samaritan Hospital, and it features a dedicated monument sign along 31st Street. It also includes three private parking lots for tenant and visitor parking.

For investors, the offering is presented as management-light ownership, with additional financial details available through full due diligence, including property management annual income and expense statements.

Key Highlights

  • Professional office building secured by 2 multiple‑year leases with regular rent increases
  • Two tenants: pediatric dentistry and an insurance brokerage
  • Current cap rate of 6.02%; pro‑forma cap rate of 6.83% if self‑managed

Property Analytics

Location Intelligence

Current Use by Public Records

Pediatric Dental Specialists–Kearney Dental Office

Suggested Use

Grocery & Convenience Store Real Estate Agency Bakery Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair HVAC Service Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Professional office building with two multiple-year leases, tenant-paid internal utilities, and three private parking lots.
Where is this office building located?
The property is located at 121 & 125 E 31st Street Kearney, NE.
What is the asking price?
The asking price for this property is $879,900.
What are key features of this property?
This property features: Professional office building secured by 2 multiple‑year leases with regular rent increases; Two tenants: pediatric dentistry and an insurance brokerage; Current cap rate of 6.02%; pro‑forma cap rate of 6.83% if self‑managed
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