Log In/Sign Up
Your email has been sent.
1218 K St 4,797 SF Retail Building Aurora, NE 68818 $250,000 ($52.12/SF) 9.62% Cap Rate
Executive Summary
Well-maintained commercial investment property located in Aurora's established downtown business district. The property is leased to Tri-Fit under a long-term lease extending through July 2028, providing immediate cash flow and stability for investors. Situated on an oversized 8,184 SF lot with a 4,797 SF building, the property offers a unique value-add opportunity through its excess land, creating potential for future expansion, additional parking, storage units, or redevelopment. The central location provides convenient access, strong visibility, and proximity to local businesses, schools, and community amenities. With in-place income, a diversified Aurora portfolio location, and future development potential, this property offers investors a combination of current cash flow and long-term upside. This property is offered individually or as part of a four-building Aurora commercial portfolio featuring diversified tenants and value-add opportunities.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,797 SF
Building Class
C
Year Built/Renovated
1970/2022
Price
$250,000
Price Per SF
$52.12
Cap Rate
9.62%
NOI
$24,050
Tenancy
Single
Building Height
1 Story
Building FAR
0.59
Lot Size
0.19 AC
Zoning
03-COMMERC - Commercial zoning supports a broad range of business and investment uses, offering flexibility for owner-users, retail/service operators, office users
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Tri-Fit
- Arts, Entertainment, and Recreation
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Tri-Fit | Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | - |
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0410046493 | Improvements Assessment | $207,630 |
| Land Assessment | $16,370 | Total Assessment | $224,000 |
Property Taxes
Parcel Number
0410046493
Land Assessment
$16,370
Improvements Assessment
$207,630
Total Assessment
$224,000
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
1218 K St