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Investment Highlights

  • 12.4% cap rate based on current NOI + Upside through rent growth
  • 4 in-place tenants - Diversified tenant mix - Long-term healthcare tenant
  • Strong current cash flow
  • 3-building commercial portfolio w/Large concrete parking lot
  • Small-market income-producing asset
  • Highway 34 visibility

Executive Summary

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.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $747,324 CAD
Price / SF $155.05 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 12.40%
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 4,820 SF
Total Land Area 0.80 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1619 9th St, Aurora, NE 68818 Office 2,420 SF 1956 -
1621 9th St, Aurora, NE 68818 Retail 2,400 SF 1981 -
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  • Listing ID: 40362955

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: Aurora 3-Building 12.4% Cap Portfolio, Aurora, NE

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