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28694822
32916744

1550-1552 E 23rd St, Fremont, NE 68025

KK
NE 20230425
REAL Broker
Listed by REAL Broker
$2,600,000
190 days on market
Updated 2 days ago
Opportunity zone

1550-1552 E 23RD ST, FREMONT, NE 68025

Details
APN 270137833
Property Type Office
Sub Type Medical Office
Square Footage 5,835
Net Rentable (SqFt) 2,595
Units 2
Cap Rate 5.00%
NOI $58,320
Occupancy 55%
Tenancy Single
Brand/Tenant Bank
Lease Type NNN
Remaining Term 4
Lease Options Yes, 5 more years after 2029
Price per SqFt $446
Broker Co-Op Yes
Class A
Year Built 2007
Buildings 1
Lot Size (SqFt) 20,001
Zoning COMMERCIAL
Parking Spaces spaces
Investment Type Owner/User
Tenant Credit Corporate Guarantee
Occupancy Date 08/01/2009
Ownership Tenant

Prime Office Space For Sale ( Fremont, Nebraska)

Marketing description

Located in a prime Fremont location at the corner of 23rd Street and Lincoln, this exceptional duplex commercial office building offers the perfect blend of stability, visibility, and flexibility. Surrounded by convenience, the property sits next to several restaurants and directly across from Walgreens, ensuring strong foot traffic and excellent exposure.

One side of the building is anchored by a long-term NNN bank lease through 2029, with a five-year extension option through 2034, providing dependable income with minimal management responsibilities. The adjoining suite is move-in ready, thoughtfully designed for medical, dental, or retail use, making it an outstanding opportunity for an owner-user or an investor seeking premium space.

Beautifully maintained, the building features a modern layout, excellent natural light, and a clean, professional environment throughout. Its adaptable design and standout condition make it a rare find in today’s market.

  • New Metal Roof (May 2026)

Don’t miss this exceptional chance to secure a strong investment paired with a ready-to-use office space.

Schedule a tour today and explore the potential of this high-visibility property!

Agent has equity!

Investment highlights

Investment Highlights

Prime Fremont Location

*New Standing Seam Metal Roof - Installed May 2026*

Highly visible corner of 23rd Street & Lincoln

  • Surrounded by multiple restaurants and retail amenities

  • Directly across from Walgreens, next to Taco Bells for strong daily traffic

Stable, Long-Term Income

  • One suite leased to a bank on an NNN lease

  • Lease runs through 2029 with a 5-year extension option to 2034

  • Minimal landlord responsibilities = passive, reliable cash flow

Ideal for Owner-User or Investor

  • Second suite is vacant and move-in ready

  • Perfect setup for medical, dental, office, or retail uses

  • Provides flexibility to occupy or lease out for additional income

Well-Maintained, Modern Building

  • Clean, updated, and beautifully kept duplex structure

  • Contemporary layout with excellent natural lighting

  • Professional, welcoming atmosphere ideal for a variety of businesses

High Visibility & Strong Market Appeal

  • Located in a busy commercial corridor with heavy foot and vehicle traffic

  • Excellent signage opportunities

  • Rare opportunity offering both secure income + value-add potential

A Rare Opportunity

  • A standout investment offering location, stability, and versatility

  • Perfect for investors seeking reliable returns or owners looking for premium space

  • Agent has equity!

Listing Contacts

KK
NE 20230425
REAL Broker
Listed by REAL Broker

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$58,320.00
$4,860.00/mo

Valuation Metrics

0
DSCR
2.24%
Cap Rate
2.24%
ROI

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Additional Information

Name
Kristie Kuo
License
20230425
Brokerage
Real
Brokerage Phone
402-720-8671
Title
Real Estate Agent
Brokerage Address
14301 FNB Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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