5308 Parklane Dr, Kearney, NE 68847
Unique commercial condo with three triple net leases in place.
- Added:
- Nov 15, 2024
- Days on Market:
- 600
- Last Refresh:
- Jun 27 at 11:46 pm
Property Features for 5308 Parklane Dr
General Information
- Standard status
- Active
- Size
- 7,430 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing office kearney realty (308) 627-1505
Listing date Nov 15, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of kearney realty
HighLights
- Three fresh triple net leases in place provide immediate income.
- Low maintenance investment due to condo dues covering essential exterior services.
- Prime commercial condo with distinctive architecture.
- Two units (C & D) included in the sale.
- Exceptional brick exterior.
- Plenty of shared parking available.
Overview
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 | $98.1k | $13.20 |
| − Vacancy | −$8.0k | −$1.08 |
| EGI | $90.0k | $12.12 |
| − OpEx | −$22.5k | −$3.03 |
| NOI | $67.5k | $9.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kearney
- County
- Buffalo
- State
- Nebraska
- Longitude
- -99.078811
- Latitude
- 40.72556
