Property Description

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

Indoor
: Yes
: No
Address Map
US
NE
Kearney
2 - NE in town Kearney (N of 25th St & E of 2n
68847-0000
121 & 125 E 31st Street
W100° 55' 15.5''
N40° 42' 22.2''
MLS Information
20260997
$879,900
6 Sqft
5,001 Sqft
Active
8-10 feet
14,882.44
2025
C-O
No
26-40 Years
Features
Commercial/industrial
Office
for Sale
: Office
: No

Listing courtesy of C21 Midlands

121 & 125 E 31st Street

Kearney, Nebraska

5,001 Sqft
$879,900
Listing ID #20260997
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