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E 22nd Fremont Building 230 E 22nd St 9,072 SF 84% Leased Office Building Fremont, NE 68025 $1,450,000 ($159.83/SF) 5.73% Cap Rate
Investment Highlights
- 5-suite configuration with strong tenant mix
- Expansive improved basement value-add potential
- Gross leases with opportunity to improve expense efficiency
- Fantastic parking and accessibility
- 1,450 fully renovated, turn-key office suite available
Executive Summary
Nebraska Realty is pleased to present this newly renovated and upgraded multi-tenant office building for sale in Fremont offering both investment stability and owner-user flexibility. The property consists of approximately 9,000 SF across five suites and is currently 84% occupied with 7,550 SF leased. One 1,450 suite is vacant and has been completely renovated, providing immediate occupancy for an owner-user or lease-up opportunity for an investor.
The property has seen significant recent capital improvements, including new sewer line (2022), HVAC updates, renovated suites, roof repairs, exterior paint, updated lighting, landscaping improvements, and upgraded security system.
Ideal opportunity for an owner-user to occupy space while offsetting occupancy costs with in-place rental income, or for an investor seeking a near-stabilized asset benefiting from the current owner substantial capital improvements, an exceptional tenant mix, occupancy increase, and upside in a strong local market.
*Rent Roll; T-12 (TTM); & Pro Forma available upon request
*Ask Listing Broker about Seller’s Incentive Package for an accepted offer prior to April 30th
The property has seen significant recent capital improvements, including new sewer line (2022), HVAC updates, renovated suites, roof repairs, exterior paint, updated lighting, landscaping improvements, and upgraded security system.
Ideal opportunity for an owner-user to occupy space while offsetting occupancy costs with in-place rental income, or for an investor seeking a near-stabilized asset benefiting from the current owner substantial capital improvements, an exceptional tenant mix, occupancy increase, and upside in a strong local market.
*Rent Roll; T-12 (TTM); & Pro Forma available upon request
*Ask Listing Broker about Seller’s Incentive Package for an accepted offer prior to April 30th
Financial Summary (Pro Forma - 2026) 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
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) 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 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,072 SF
Building Class
B
Year Built/Renovated
1968/2025
Price
$1,450,000
Price Per SF
$159.83
Cap Rate
5.73%
NOI
$83,068
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,072 SF
Building FAR
0.17
Lot Size
1.20 AC
Zoning
Commercial - Office - Commercial - General Office/Medical
Parking
70 Spaces (7.72 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Riggins & Associates
- Real Estate
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Riggins & Associates | Real Estate | - | - | Lorem Ipsum | Jan 0000 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 270044457 | Total Assessment | $923,890 (2025) |
| Land Assessment | $252,612 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $671,278 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
270044457
Land Assessment
$252,612 (2025)
Improvements Assessment
$671,278 (2025)
Total Assessment
$923,890 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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E 22nd Fremont Building | 230 E 22nd St
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