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Multi-Building Income Office Portfolio
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1619-1623 9th St, Aurora, NE 68818

Three buildings offer approximately 6,900 SF and are 100% occupied by four established tenants.

Property Size6,900 SF
Lot Size1.19 Acres
Price / SF$79.71
Days on Market62

Property Features for 1619-1623 9th St

General Information

Standard status Active
Size 6,900 SF
Lot size 1.19 Acres
Property subtype OFFICE
Occupancy 100%

Additional Details

Cap Rate 8.25%
Highway Access Yes
Listing Agency: eXp Commercial
Listed By: Amy Brown · License #20210019
Source: Moodyscre
Added: Jul 15 Changed: Aug 31 Last Checked: Sep 13 at 11:47AM

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 eXp Commercial

Investment Insights

Based on property information with market context.

This multi-building portfolio includes office, medical, and retail uses across three properties at 1619, 1621, and 1623 9th Street in Aurora, Nebraska. The offering is currently 100% occupied with four established tenants and approximately 6,900 SF of total space on an approximately 51,678 SF site. Ownership has completed key improvements including HVAC systems, suite build-outs, and site work, and one building received an addition in 2020.

A large concrete parking lot supports convenient on-site access, and the Highway 34 corridor location provides visibility. A rear concrete pad of approximately 2,856 SF may offer future storage-unit or other income potential, subject to zoning, permitting, and buyer due diligence.

The tenant mix is diversified, including a long-term healthcare tenant, professional services, and retail uses, supporting stable in-place income. The current in-place annual income is approximately $58,500, with an advertised cap rate of approximately 8.25%.

Key Highlights

  • Income‑producing multi‑building commercial portfolio at 1619, 1621 & 1623 9th Street (Aurora, NE) with 4 tenants across 3 buildings
  • Approximately 6,900 SF total across the three buildings on an approximately 51,678 SF site; currently 100% occupied
  • In‑place annual income of approximately $58,500 with an advertised cap rate of approximately 8.25%

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Hair Salon Real Estate Agency Nail Salon HVAC Service Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

414
Businesses Nearby

Demographics for 68818, NE

5,702
Population
2,444
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
99%
High-School Grad
181.8 sq mi
ZIP Area
31
Density / Sq Mi
$72,330
Median Household Income
$44,076
Median Earnings
$719
Median Rent
$243,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three buildings offer approximately 6,900 SF and are 100% occupied by four established tenants.
Where is this office building located?
The property is located at 1619-1623 9th St Aurora, NE.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Income‑producing multi‑building commercial portfolio at 1619, 1621 & 1623 9th Street (Aurora, NE) with 4 tenants across 3 buildings; Approximately 6,900 SF total across the three buildings on an approximately 51,678 SF site; currently 100% occupied; In‑place annual income of approximately $58,500 with an advertised cap rate of approximately 8.25%
(308) 631-4072 Call to check price and availability
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