
Aurora Commercial Portfolio | Large Lots & Upside
3 Buildings | ~8.25% CAP | 6,900 SqFt
Marketing description
Acquire an income-producing, multi-building commercial portfolio with four established tenants across three buildings at 1619, 1621 and 1623 9th Street in Aurora, Nebraska. The portfolio offers approximately 6,900 SF on an approximately 51,678 SF site and is currently 100% occupied. A diversified tenant mix includes a long-term healthcare tenant, professional services, and retail uses, providing stable in-place income with upside through rent optimization, lease restructuring, and active management. Ownership has completed key improvements including HVAC systems, suite build-outs, and site work, and one building received an addition in 2020. The large concrete parking lot and Highway 34 corridor location provide strong visibility and convenient access. A rear concrete pad of approximately 2,856 SF may offer future storage-unit or other income potential, subject to zoning, permitting, and buyer due diligence. Current in-place annual income is approximately $58,500, and the advertised cap rate is approximately 8.25%.
Located along the Highway 34 corridor near downtown Aurora's business district, the portfolio includes 1619, 1621 and 1623 9th Street. The property offers strong local visibility, convenient access, and a large concrete parking lot serving all three buildings.
Investment highlights
- Three separate commercial buildings
- Four in-place tenants and 100% occupancy
- Approximately 6,900 SF on a 51,678 SF site
- Long-term healthcare anchor plus professional-services and retail tenants
- Approximately $58,500 current annual income
- Approximately 8.25% advertised cap rate
- Recent HVAC, suite build-out, and site improvements
- 2020 building addition
- Large concrete parking lot
- Highway 34 location near downtown Aurora
- Approximately 2,856 SF rear concrete pad with potential storage-unit upside, subject to approvals
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