www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29324857
29324858

3211 Antelope Ave, Kearney, NE 68847

SG
FL SL3288412
Marcus & Millichap - Orlando
RS
FL 3343473
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando
$2,500,000
136 days on market
Updated 136 days ago

Sunbelt Rentals Kearney, NE

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 21,900
Cap Rate 6.56%
NOI $164,125
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 12/30/2029
Remaining Term 3.6
Rent Bumps Yes
Lease Options (1) Five-Year
Price per SqFt $114
Broker Co-Op Yes
Year Built 1998
Year Renovated 2006
Acreage 3.110
Investment Type Net Lease
Lease Commencement 12/31/2024

NNN | 2% Annual Increases | Long-term Occupancy

Investment highlights

• Corporate Lease with Sunbelt Rentals, Inc

- 2nd Largest Equipment Rental Company in the U.S.

• Parent Company Ashtead Group | LON: AHT

- Investment Grade Tenant | Baa3/BBB-

• Original 5-Yr NNN Lease | Minimal LL Responsibilities

- 2% Annual Increases| Recently Exercised 5-Year Option

• Positioned Along the I-80 Corridor | Easy Access

- Less than a 5-Minute Commute to Entrance Ramps

• Part of the Grand Island-Kearney MSA

- Vital Economic Center | Distribution/Logistics Hub

• Former Business Acquired by Sunbelt in 2014

- Acquisition Substantially Grew Tenant’s Nebraska Footprint

• Longstanding Equipment Rental Facility

- Nearly 30 Years of Successful Operating History

• Limited Market Competition | Only National Rental Co.

- Sunbelt Rentals Controls the Local Rental Market

Listing Contacts

SG
FL SL3288412
Marcus & Millichap - Orlando
RS
FL 3343473
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$164,125.00
$13,677.08/mo

Valuation Metrics

0
DSCR
6.57%
Cap Rate
6.57%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Adam Lewis
License
NE 20250136
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591