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
Listing courtesy of C21 Midlands
121 & 125 E 31st Street
Kearney, Nebraska
About us
Coldwell Banker Town & Country Realty of Kearney is the #1 Real Estate firm serving Kearney, Nebraska and the surrounding areas since 1982.

Jamie Bollwitt
Kelsey Janssen
Sara Rector
Marlene Bader
Valerie Stroup
Tom McCarty
Scott Anderson
Kris Shoemaker
Steve Linden
Kylee Delehant
Austin Murray
Matt Meister
Mardi Pallas
Tom Lowe
Barb Petersen
Kerri Pearson
Property Sisters
Susan Gierhan
Kelli Rucker
Megan Mitchell
Jillian Epley
