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32936347
32936346

5308 Parklane Drive, Kearney, NE 68845 For Sale

Century 21 Commercial Midlands
Listed by Century 21 Commercial Midlands
$539,500
49 days on market
Updated 31 days ago

5308 Parklane Drive, Suite 5

Details
APN 605179513; 605179499; 605179500
Property Type Office
Sub Type Traditional Office, Executive Office (+1)
Cap Rate 6.85%
NOI $36,960
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 4
Lease Expiration 05/31/2030
Remaining Term 4
Rent Bumps Yes
Price per SqFt $175
Class B
Year Built 2006
Year Renovated 2022
Buildings 1
Stories 1
Zoning C-2
Parking Spaces 20 spaces
Investment Type Net Lease
Lease Commencement 06/01/2026
Ceiling Height 8'-10'

Investment office space for sale. Offered at 6.85% initial cap rate - 7.41% in 4 years

Marketing description

This is a true NNN investment opportunity! The asset is secured by a 4-year triple net (NNN) lease with annual rent increases in years 3 and 4, offering investors stable, growing income with minimal ownership responsibilities. The property benefits from being in an office building secured with a condominium association and this investment is well-suited for buyers seeking predictable income, low management intensity, and stable real estate returns.

This is a true NNN investment opportunity! The asset is secured by a 4-year triple net (NNN) lease with annual rent increases in years 3 and 4, offering investors stable, growing income with minimal ownership responsibilities. The property benefits from being in an office building secured with a condominium association and this investment is well-suited for buyers seeking predictable income, low management intensity, and stable real estate returns. Investment Highlights - Brand new 4-year NNN lease in place as of June 1, 2026-NNN Lease Providing Passive, Management-Light Ownership-

All utilities are Tenant's responsibility and condo association fees are built into the CAM/NNN charges - 4-Year Lease with annual rent escalations beginning year 3. First 2 years' base lease is $12 psf, plus NNN, then - 4% annual escalators for each of the next 2 years

  • Years 1 and 2-$12 psf | NOI = $36,960 - 6.85% cap rate
  • Year 3 - $12.48 psf | NOI = $38,438.40 - 7.12% cap rate
  • Year 4 - $12.98 psf | NOI = $39,978.40 - 7.41% cap rate

Investment highlights

  • Brand new 4-year NNN lease in place as of June 1, 2026
  • NNN Lease Providing Passive, Management-Light Ownership
  • All utilities are Tenant’s responsibility and condo association fees are built into the CAM/NNN charges
  • 4-Year Lease with annual rent escalations beginning year 3. First 2 years’ base lease is $12 psf, plus NNN, then
  • 4% annual escalators for each of the next 2 years
  • Years 1 and 2 - $12 psf l NOI = $36,960 – 6.85% cap rate
  • Year 3 – $12.48 psf l NOI = $38,438.40 – 7.12% cap rate
  • Year 4 – $12.98 psf l NOI = $39,978.40 – 7.41% cap rate

Listing Contacts

Century 21 Commercial Midlands
Listed by Century 21 Commercial Midlands

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$36,960.00
$3,080.00/mo

Valuation Metrics

0
DSCR
6.85%
Cap Rate
6.85%
ROI

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