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32328586
32328585

1218 K Street, Aurora, NE 68818 For Sale

AB
NE 20210019
EXP Commercial
Listed by EXP Commercial
$250,000
67 days on market
Updated 6 days ago

Aurora Fitness Investment Property

Details
APN 410046493
Property Type Retail
Sub Type Storefront, Street Retail
Square Footage 4,797
Units 1
Cap Rate 9.62%
NOI $28,800
Occupancy 100%
Tenancy Single
Brand/Tenant Tri-Fit
Lease Type Gross
Lease Term 3
Lease Expiration 07/30/2028
Remaining Term 2
Lease Options One (1) THREE (3) year renewal option; rent to be determined at time of renewal. Tenant must give 90 days written notice prior to termination.
Price per SqFt $52
Year Built 1970
Year Renovated 2019
Buildings 1
Lot Size (SqFt) 16,368
Zoning C-1 Commercial
Investment Type Core
Lease Commencement 07/31/2025
Ground Lease No

Retail | 7.70% CAP | 4,797 SqFt

Marketing description

Well-maintained commercial investment property located in Aurora's established downtown business district. The property is leased to Tri-Fit under a long-term lease extending through July 2028, providing immediate cash flow and stability for investors.

Situated on a combined 16,368 SF site spanning two 8,184 SF lots—including a dedicated 8,184 SF parking lot—with a 4,797 SF building, the property offers substantial on-site parking and a unique value-add opportunity. The additional lot provides flexibility for future expansion, storage, or redevelopment, subject to approvals. The central location provides convenient access, strong visibility, and proximity to local businesses, schools, and community amenities.

With in-place income, a diversified Aurora portfolio location, and future development potential, this property offers investors a combination of current cash flow and long-term upside.

This property is offered individually or as part of a four-building Aurora commercial portfolio featuring diversified tenants and value-add opportunities.

Investment highlights

  • 4,797 SF commercial building
  • 16,368 SF total site across two 8,184 SF lots
  • Includes a dedicated 8,184 SF parking lot
  • Long-term tenant in place through July 2028
  • Current annual rental income of $28,800
  • C-1 Commercial Zoning
  • Additional lot provides parking and future development flexibility
  • Centrally located near downtown Aurora
  • Strong investment opportunity with stable cash flow and upside potential

Listing Contacts

AB
NE 20210019
EXP Commercial
Listed by EXP Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$28,800.00
$2,400.00/mo

Valuation Metrics

0
DSCR
11.52%
Cap Rate
11.52%
ROI

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Additional Information

Name
Amy Brown
License
20210019
Brokerage
eXp Commercial
Brokerage Phone
3086314072
Title
Commercial Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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