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729 N Custer Ave
Grand Island, NE 68803

$3,299,999 USD

Medical For Sale • 18,153 SF

Property Details

Property Type Medical
Total Building Size 18,153 SF
Year Built 1975
Cap Rate 10.54 %

0 Transit Score

44 Walk Score

                
                    Highlights
                
                                Nebraska Medicine, the current tenant, holds a lease through April 2027 and will continue to occupy the building until their relocation
                            
                                21,249 SF Medical Office Building situated on a 2.06-acre parcel in Grand Island’s established Medical Park Third Subdivision
                            
                                Nebraska Medicine is currently paying rent on both the main floor and the basement, ensuring full-building income through their lease term
                            
                                New HVAC 2022, Roof Sealed 2025, Lot Re-Paved 2025
                            
                                42 Offices/Exam/Procedure Rooms
                            
                                The property is currently configured for a single tenant, but it can be easily subdivided to accommodate two tenants

Property Flyers

729 N Custer Ave - OM V5-compressed

Cap Rate:

10.54 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Nebraska Medicine	18,153 SF	4/30/2027

Public Transportation

Airport	Drive	Walk	Distance
Central Nebraska Regional	11 min	-	5.6 mi

Adam Lewis 303-328-2050 Marcus & Millichap

729 N Custer Ave Grand Island, NE 68803