Property profile

4402 2nd Ave Kearney, NE 68847

OFF-MARKET
Commercial real estate
Property ID
US57-0831450
192 SF 0.35 ac lot Built 2001
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three thriving Scooter's Coffee locations, strategically positioned across Nebraska and Kansas. The portfolio comprises three absolute triple-net (NNN) leased properties, offering investors a passive income stream with minimal landlord responsibilities. Each location boasts a 100% occupancy rate, generating a combined net operating income (NOI) of $135,260, representing a compelling 6.00% capitalization rate on the $2,254,000 asking price. The properties feature a total of 936 square feet, with an average price per square foot of $2,408.12. The leases include scheduled rental increases, providing consistent growth potential over the remaining lease term, which exceeds 16 years. The portfolio benefits from strong demographics within a 5-mile radius of each location and limited competition, ensuring sustained profitability. Fee simple ownership provides complete control and long-term value appreciation. This is a turnkey investment ideal for passive income seekers. The properties must be purchased together as a single portfolio. Specific addresses include: 4402 2nd Ave, Kearney, NE 68847

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2001
Construction CONCRETE
Total area 192 SF
Lot 0.35 ac (15,246 SF)
Zoning code 03-COMMERCIAL
APN 602089084
UPID US57-0831450

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

4402 2nd Ave Kearney, NE 68847-2412
Kearney metro Census 969204 KEARNEY, NE MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2023
Last sale
$688,000
2 recorded transactions
2023
$688,000
2021
$556,000

Zoning & alternative use

03-COMMERCIAL · Kearney, NE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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