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1218 K Street
Aurora, NE 95354-3415
Asking Price
$299K
Cap Rate
7.7%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 7.70% CAP | 4,797 SqFt <ul><li>4,797 SF commercial building</li><li>8,184 SF commercial lot</li><li>Established fitness tenant in place</li><li>Lease through July 31, 2028</li><li>$28,800 annual rent</li><li>Approx. $6.00/SF annual rent (providing potential future rental upside)</li><li>Commercial zoning</li><li>On-site parking</li><li>Visible street frontage</li><li>Future rent upside</li></ul>
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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534
