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22922734

106 S Costello St, Walthill, NE 68067

BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Bang Realty
$475,650
48 days on market
Updated 48 days ago

USDA - Walthill, NE

Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 4,750
Net Rentable (SqFt) 4,750
Cap Rate 8.5%
NOI $40,432
Occupancy 100%
Tenancy Single
Brand/Tenant USDA
Lease Term 36
Lease Expiration 12/30/2028
Remaining Term 2.6
Price per SqFt $100
Buildings 1
Stories 1
Lease Commencement 12/31/1992

INVESTMENT OVERVIEW – USDA FSA | Walthill, Nebraska

Marketing description

This offering presents the opportunity to acquire a single-tenant USDA Farm Service Agency (FSA) office located in Walthill, Nebraska, a village in Thurston County in northeastern Nebraska. The property is leased to the federal government, providing investors with reliable, long-term income backed by the U.S. government.

The Walthill FSA office has been in continuous operation for over 32 years, supporting the local agricultural community by administering USDA programs such as farm loans, crop support, disaster relief, and conservation initiatives. The office’s longstanding presence in the community speaks to the critical role it plays in assisting area farmers and ranchers, making the property a vital component of the region's agricultural infrastructure.

Walthill is in a part of Nebraska known for its diverse agricultural activities, including livestock and crop farming. The property adheres to strict USDA facility standards, ensuring its suitability and accessibility for local producers. Due to the essential nature of the USDA’s work in the area, relocation is rare, further enhancing the security of the investment.

The lease is full-service, with the landlord responsible for certain operating expenses, which helps maintain tenant satisfaction and long-term occupancy.

Listing Contacts

BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Bang Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$40,432.00
$3,369.33/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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