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34381833
32332844

3 Locations For Sale

AB
NE 20210019
EXP Commercial
Listed by EXP Commercial
$550,000
74 days on market
Updated 5 days ago

Aurora Commercial Portfolio | Large Lots & Upside

Details
Property Type Retail, Office
Sub Type Storefront, Office Building
Square Footage 6,900
Units 4
Cap Rate 8.25%
NOI $58,500
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 8
Class C
Year Renovated 2020
Buildings 3
Lot Size (SqFt) 51,678
Zoning Commercial
Investment Type Core+
Ground Lease No

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

Listing Contacts

AB
NE 20210019
EXP Commercial
Listed by EXP Commercial

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$58,500.00
$4,875.00/mo

Valuation Metrics

0
DSCR
10.64%
Cap Rate
10.64%
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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