5308 Parklane Dr Kearney, NE 68847-8630
This exceptional Kearney, Nebraska commercial condominium presents a compelling investment opportunity. Priced at $1,295,000, this Class B property boasts 7,000 square feet of net rentable space across three suites, currently enjoying 100% occupancy with long-term, triple-net (NNN) leases in place. The building, constructed in 2006, features a distinctive brick exterior and is situated on a single story with 50 parking spaces. The three suites are individually leased, offering a diversified tenant base. Suite sizes are 2,500 sq ft, 1,500 sq ft, and 3,000 sq ft. The property generates a substantial net operating income (NOI) of $88,116, resulting in an attractive 6.80% capitalization rate. Condominium fees cover exterior maintenance, including snow removal, lawn care, and trash disposal. Zoned C-2/PD, this property is ideal for owner-users seeking a turnkey operation or investors looking for a strong, stable cash flow. The total building square footage is 7,430 square feet. This is a value-add investment with potential for future growth. The property is located at 5308 Parklane Dr, Kearney, NE 68847.
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Brauer Law Office Law Firm
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Horizon Designs Inc Marketing & Advertising
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Lee Jeffrey MD Physician Medical Clinic
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Buffalo Surveying Corp Engineering Consultant Mapping Service
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Jeff Lange Counseling, LLC Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
03-COMMERCIAL · Kearney, NENo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.