5308 Parklane Dr
Kearney, NE 68847

• Unit Size: 3,080 SF
• Condo Use: Office
• Price: $539,500 USD
• Sale Type: Investment
• Price/SF: $175.16 USD

Description

This beautifully updated 3,000+ sq. ft. commercial office space features a functional and professional layout ideal for a variety of businesses. Fully remodeled in 2021, the suite offers modern finishes throughout, including updated flooring, paint, new doors, trim, and a reconfigured office layout designed for productivity and comfort. The entry opens to a spacious reception area with vaulted ceilings, seven large private offices, one smaller office, two ADA-compliant restrooms, a large break room with cabinetry and sink, and additional storage in the back. Located in a well-maintained office complex with professional curb appeal and exterior brick façade, this space is ready to elevate your business presence.

Sale Notes

This is a true NNN investment opportunity. The asset is secured by a 4-year triple net (NNN) lease with annual rent increases in years 3 and 4, providing stable and growing income with minimal ownership responsibilities. The property is located within an office building that is part of a condominium association, making it well-suited for investors seeking predictable income, low management intensity, and stable real estate returns.

Investment Highlights:
- Brand new 4-year NNN lease in place as of June 1, 2026
- NNN Lease Providing Passive, Management-Light Ownership
- All utilities are Tenant’s responsibility and condo association fees are built into the CAM/NNN charges
- 4-Year Lease with annual rent escalations beginning year 3. First 2 years’ base lease is $12 psf, plus NNN, then 4% annual escalators for each of the next 2 years
     - Years 1 and 2 - $12 psf l NOI = $36,960 – 6.85% cap rate
     - Year 3 – $12.48 psf l NOI = $38,438.40 – 7.12% cap rate
     - Year 4 – $12.98 psf l NOI = $39,978.40 – 7.41% cap rate