$879,900

121 & 125 E 31st Street, Kearney NE, 68847-0000

Property typeCommercial

Overview

Active

Listed Jul 8, 2026

Updated 2 weeks ago

The asset is secured by 2 multiple-year leases with regular rent increases, offering investors stable, growing income with minimal ownership responsibilities. The property benefits from being a professional office building whose Tenants are a pediatric dentistry and an insurance brokerage. This investment opportunity is well-suited for buyers seeking predictable income, low management intensity, and stable real estate returns. Investment Highlights: • Current cap rate: 6.02% - with current property management • Pro-forma cap rate: 6.83% - if self-managed • Passive, Management-Light Ownership • All internal utilities are Tenant’s responsibility • Includes 3 private parking lots • Dedicated monument sign along 31st Street • Has been professionally managed by Century 21-Midlands Property Management for many years • Full due diligence including property management annual income and expense statement available

Listed by Brandon Benitz with C21 Midlands
Listing Contact: 308-224-9527
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Data last updated 10/15/2026