Medical Office
For Sale
Contact for pricing
3102 Elk Lane, Fremont, NE 68025
Freestanding medical office property with a modern layout and potential for retail-oriented occupancy.
Property Size3,621 SF
Price / SF$510.91
Days on Market62
Property Features for 3102 Elk Lane
General Information
Standard status
Active
Size
3,621 SF
Property subtype
Retail, Office
Investment Type
Owner/User
Building Details
Year Built
2018
Buildings
1
Building Size
3,621 SF
Listing Agency:
Access Commercial LLC
Listed By:
Rocky Pryor · License #NE
(402) 502-1983
Source:
Crexi
Added: Aug 19
Changed: Oct 3
Last Checked: Oct 16 at 7:37AM
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 Access Commercial LLC
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Investment Insights
Based on property information with market context.
This 3,621-square-foot freestanding medical office building was constructed in 2018 and previously operated as an Aspen Dental location. The modern building offers an adaptable commercial layout suited to medical office use, with the source information also identifying potential for retail occupancy.
The property is located in Fremont along the area’s major retail corridor, placing the building within an established commercial setting. Its standalone configuration and prior dental-office use provide a defined basis for medical, dental, or other compatible commercial applications.
The property is located in Fremont along the area’s major retail corridor, placing the building within an established commercial setting. Its standalone configuration and prior dental-office use provide a defined basis for medical, dental, or other compatible commercial applications.
Key Highlights
- 3,621‑square‑foot medical office building
- Constructed in 2018
- Previously operated as an Aspen Dental location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,469
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,189,380
$1.2M
Cap Rate 7%
$849,557
$849.6K
Cap Rate 9%
$660,767
$660.8K
Market Conditions
NOI Build-Up for 3,621 SF
Gross rent
$86.5K $23.88/SF
− Vacancy
−$7.2K −$1.98/SF
EGI
$79.3K $21.90/SF
− OpEx
−$19.8K −$5.47/SF
NOI
$59.5K $16.42/SF
Area
Dodge County, NE
Vacancy
8.30%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,189,380
Cap Rate 7%
$849,557
Cap Rate 9%
$660,767
Alternative Uses
Best Use
Office B
$849.6K
$743.4K – $991.2K
NOI $59,469 @ 7.0% cap · market cap 3.21%
Second Best
Healthcare Medical
$728.8K
$637.7K – $850.3K
NOI $51,015 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$971.7K
$850.3K – $1.13M
NOI $68,020 @ 7.0% cap · market cap 3.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 68025, NE
31,301
Population
14,017
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
124.0 sq mi
ZIP Area
252
Density / Sq Mi
$69,467
Median Household Income
$41,546
Median Earnings
$1,005
Median Rent
$201,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding medical office property with a modern layout and potential for retail-oriented occupancy.
Where is this medical office space located?
The property is located at 3102 Elk Lane Fremont, NE.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 3,621‑square‑foot medical office building; Constructed in 2018; Previously operated as an Aspen Dental location
