427 Q St - Freestanding FOR SALE
Aurora, NE 68818 |
$922,262 USD
866-889-0550
427 Q St
Aurora, NE 68818
HIGHLIGHTS
- SIGNIFICANT RECENT IMPROVEMENTS: The subject property has received over $60,000 in recent upgrades, including a new roof in 2024 and a $31,000 parking
- NN+ LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES: The property is secured by a NN lease with minimal landlord responsibilities.
- LOW PRICE POINT WITH HIGH CAP RATE: Priced below $1,000,000, this property offers a rare opportunity to acquire a single-tenant net lease (STNL)
- ROBUST RENT INCREASE SCHEDULE: The lease features 10% rent increases in the first three option periods, followed by a 6.06% increase
- BELOW-REPLACEMENT-COST: With annual rent at $66,550, the property offers rents significantly lower than new O’Reilly build-to-suit properties
- STRATEGIC B2B POSITIONING IN AGRICULTURAL HUB: Located in Aurora, NE, within Hamilton County—the third-highest corn-producing county in Nebraska
FOR SALE DETAILS
PRICE
$922,262 USD
PRICE/SF
$101 USD /SF
CAP RATE
6.8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
31
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
Commercial
APN/PARCEL ID
0410170296
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866-889-0550
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