This multi-building commercial property offers a unique opportunity to acquire an income-producing asset with four established tenants across three buildings in Aurora, Nebraska.
The property is currently occupied by a diversified tenant mix, including a long-term healthcare tenant, professional services, and retail use, providing stable income with additional upside potential. Current in-place income is approximately $68,165 annually.
Ownership has completed key improvements to the property, including HVAC systems, suite build-outs, and site work, reducing near-term capital requirements for a new owner. The layout across three separate buildings allows for flexibility in tenant mix, leasing strategy, and long-term adaptability.
While the property is currently producing income, there remains opportunity to increase returns through rent optimization, lease restructuring, and continued active management. The asset has historically been lightly managed, and a more hands-on ownership approach presents a clear path to enhancing income over time.
The large concrete parking lot and site configuration support a wide range of tenant uses and enhance overall functionality across the property. This type of layout is difficult to replicate at today’s construction and site costs, adding long-term value to the asset.
Current cap rate reflects in-place income only. With stabilization and improved lease structure, the property offers the potential for increased yield relative to acquisition cost.
Located along the Highway 34 corridor and in close proximity to Aurora’s downtown business district, the property benefits from strong local visibility and accessibility.
This is an ideal opportunity for investors seeking a multi-tenant asset with both current income and a defined path to increased returns in a smaller market where well-positioned commercial properties remain in demand.
Properties of this size and configuration offering both in-place income and future upside are limited in the Aurora market.