5308 Parklane Drive Suite 5, Kearney, NE 68847-8629

$539,500

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List Price
$539,500
Days on Market
157
Status
ACTIVE
MLS#
20260492
Style
Office

Property Description

This is a true NNN investment opportunity! The asset is secured by a 4-year triple net (NNN) lease with annual rent increases in years 3 and 4, offering investors stable, growing income with minimal ownership responsibilities. The property benefits from being in an office building secured with a condominium association and this investment is well-suited for buyers seeking predictable income, low management intensity, and stable real estate returns. Investment Highlights - Brand new 4-year NNN lease in place as of June 1, 2026 - NNN Lease Providing Passive, Management-Light Ownership - All utilities are Tenant’s responsibility and condo association fees are built into the CAM/NNN charges - 4-Year Lease with annual rent escalations beginning year 3. First 2 years’ base lease is $12 psf, plus NNN, then - 4% annual escalators for each of the next 2 years - Years 1 and 2 – $12 psf l NOI = $36,960 – 6.85% cap rate - Year 3 – $12.48 psf l NOI = $38,438.40 – 7.12% cap rate - Year 4 – $12.98 psf l NOI = $39,978.40 – 7.41% cap rate

Additional Information

Foreclosure
No
Garage Spaces
16-25 Years

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Calculator source: Real Geeks

Listing courtesy of C21 Midlands.