NNN Office Condo
5308 Parklane Drive Kearney, NE 68845
5308 Parklane Drive, Kearney, NE, 68845
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For Sale
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Four-year triple-net lease is in place with tenant-paid utilities and structured rent escalations starting in year three.
Days on Market54
Property Features for 5308 Parklane Drive
General Information
- Standard status
- Active
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agency
Century 21 Commercial Midlands
Listed by
Brandon Benitz · License #NE
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:50PM Checked: Jul 20 at 6:03AM
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Investment Insights
Based on property information with market context.
This offering is a true triple-net (NNN) investment backed by a newly executed 4-year NNN lease in place as of June 1, 2026. The lease includes annual rent escalations beginning in year three, creating a built-in step-up in payments during the latter half of the term. Per the lease structure, tenants are responsible for all utilities, and condo association fees are incorporated into the CAM/NNN charges.
The property is located within an office building and is secured through a condominium association structure. As a result, ownership is designed to be management-light, aligning with buyers who prefer a predictable NNN framework with limited landlord responsibilities.
Under the lease terms, the first two years carry a base lease rate of $12 per square foot, plus NNN charges. Years three and four feature 4% annual escalators, moving the base lease rate to $12.48 per square foot in year three and $12.98 per square foot in year four, in addition to NNN charges. This configuration makes the asset a straightforward fit for investors seeking an office-based NNN position with scheduled rent growth over the remaining lease term.
The property is located within an office building and is secured through a condominium association structure. As a result, ownership is designed to be management-light, aligning with buyers who prefer a predictable NNN framework with limited landlord responsibilities.
Under the lease terms, the first two years carry a base lease rate of $12 per square foot, plus NNN charges. Years three and four feature 4% annual escalators, moving the base lease rate to $12.48 per square foot in year three and $12.98 per square foot in year four, in addition to NNN charges. This configuration makes the asset a straightforward fit for investors seeking an office-based NNN position with scheduled rent growth over the remaining lease term.
Key Highlights
- Office building built in 2006 with a 4‑year triple‑net (NNN) lease in place as of June 1, 2026
- Tenant‑paid utilities with condo association fees included in the CAM/NNN charges
- Lease has annual rent escalations beginning in year 3 (4% annual escalators for years 3 and 4)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Brauer Law Office
Law Firm
Horizon Designs Inc
Marketing & Advertising
Lee Jeffrey MD
Physician
Buffalo Surveying Corp
Land Surveyor
Jeff Lange Counseling, ...
Counselor
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FAQs
What type of property is this?
NNN property - Four-year triple-net lease is in place with tenant-paid utilities and structured rent escalations starting in year three.
Where is this nnn property located?
The property is located at 5308 Parklane Drive Kearney, NE.
What is the asking price?
The asking price for this property is $539,500.
What are key features of this property?
This property features: Office building built in 2006 with a 4‑year triple‑net (NNN) lease in place as of June 1, 2026; Tenant‑paid utilities with condo association fees included in the CAM/NNN charges; Lease has annual rent escalations beginning in year 3 (4% annual escalators for years 3 and 4)
