Flexible Office Building with
3720 A Avenue Suite E Kearney, NE 68847
3720 A Avenue Suite E, Kearney, NE, 68847
$699,000
For Sale
$699,000
Two-level office layout includes private offices, reception/waiting areas, and a walkout lower level with separate entrance.
Property Size5,436 SF
Price / SF$128.59
Days on Market9
Property Features for 3720 A Avenue Suite E
General Information
- Standard status
- Active
- Size
- 5,436 SF
Listing agency
Kearney Realty, L.L.C.
(308) 627-1505
Listed by
Ryan Bruna · License #20170581
(308) 627-1505
Source
Exprealty
Added: Jul 14 Updated: Jul 22 at 9:49AM Checked: Jul 22 at 9:49AM
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 Kearney Realty, L.L.C.
Investment Insights
Based on property information with market context.
This versatile commercial office building includes approximately 5,436 square feet of finished space, with about 2,718 square feet on each level. The main level features numerous private offices, multiple reception and waiting areas, a kitchenette, and two restrooms. Non-load-bearing interior partitions offer flexibility to reconfigure the space into larger offices, additional workstations, conference areas, or a more open layout. The walkout lower level has its own private entrance and includes several private offices, a large conference room, a reception area, an additional restroom, and a spacious storage room.
Located in a well-established northeast Kearney area, the property is positioned for professional, client-facing office and service uses. Multiple points of access, including separate entry downstairs, can support separation of departments or dedicated spaces for training, meetings, or additional office suites.
Recent improvements include a new Class 3 impact-resistant roof (2026), fresh paint in select areas, a new rear deck, and new landscaping, supporting a well-maintained presentation for an owner-user or investor.
Located in a well-established northeast Kearney area, the property is positioned for professional, client-facing office and service uses. Multiple points of access, including separate entry downstairs, can support separation of departments or dedicated spaces for training, meetings, or additional office suites.
Recent improvements include a new Class 3 impact-resistant roof (2026), fresh paint in select areas, a new rear deck, and new landscaping, supporting a well-maintained presentation for an owner-user or investor.
Key Highlights
- Approximately 5,436 SF finished commercial office space, with about 2,718 SF on each level (per county courthouse records)
- Main level layout includes numerous private offices, multiple reception and waiting areas, a kitchenette, and two restrooms
- Walkout lower level has its own private entrance, plus private offices, a large conference room, reception area, restroom, and storage room
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.8k | $13.20 |
| − Vacancy | −$5.9k | −$1.08 |
| EGI | $65.9k | $12.12 |
| − OpEx | −$16.5k | −$3.03 |
| NOI | $49.4k | $9.09 |
5,436 SF · lease $13.20/SF/yr · vacancy 8.20% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.02M
$892.8K – $1.19M
NOI $71,422 @ 7.0% cap · market cap 10.22%
Second Best
Office B
$705.8K
$617.5K – $823.4K
NOI $49,403 @ 7.0% cap · market cap 7.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Green Steel Buildings, ...
Construction Company
Joyce M. Forrest, ...
Counselor
M H Solutions ...
Counselor
De Los Angeles ...
Physician
Mr. Derek Schweitzer
Foster Care Service
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FAQs
What type of property is this?
Office building - Two-level office layout includes private offices, reception/waiting areas, and a walkout lower level with separate entrance.
Where is this office building located?
The property is located at 3720 A Avenue Suite E Kearney, NE.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Approximately 5,436 SF finished commercial office space, with about 2,718 SF on each level (per county courthouse records); Main level layout includes numerous private offices, multiple reception and waiting areas, a kitchenette, and two restrooms; Walkout lower level has its own private entrance, plus private offices, a large conference room, reception area, restroom, and storage room
