INVESTMENT PROPERTY – 3500 CENTRAL AVENUE, KEARNEY, NE FOR SALE
John Keeney – Agent (308) 293-1713
Located: 3500 Central Avenue, Kearney, Nebraska. Just north of the CHI Good Samaritan Hospital.
About the Property:
This 23,540 square foot office building is located within the heart of Kearney, Nebraska, and is conducive to either single and multi-tenant use. Since it was constructed in 1988, it has been utilized as a medical office building, having a good location just north of CHI Health Good Samaritan Hospital. The brick building was expanded in 1998 with a large addition. The building is conducive to use for medical practitioners, or for business office use. The main level consists of two separate office units, with an approximate total area of 12,435 square feet. Each unit has independent exterior access. The southern unit includes a spacious client waiting room with a reception area, a large file room, ten examination rooms, two procedure rooms, eight private offices, two nurses’ stations, a conference room, two x-ray rooms (all equipment is tenant owned) and three restrooms. The northern unit includes a client waiting room with a reception area, a large file room, seven examination rooms, one procedure rooms, three private offices, two nurses stations and two restrooms.
The basement level includes three separate units, with an approximate area of 11,105 square feet. The southern unit has direct exterior access, while the other two units have access provided by a shared hallway. The southern unit consists of a large surgery center, with a large equipped operation room, waiting room and reception area, smaller patient rooms, a sterilization area and restrooms. The operation room setup for direct access to multiple medical gasses. The central unit includes an open gym, two examination rooms, a waiting room and reception area, and three restrooms. The northern unit includes a waiting room and reception area, examination rooms, restrooms and a private office. Additionally, there is a standalone break room, multiple utility rooms, a large IT area with battery backup, a modern security system, a fire suppression system and a back-up diesel generator. The ramps to the basement level are heated, for good client access during winter months. The building includes two interior staircases between the main level and the basement.
The property includes an expansive parking lot on site, with an additional staff parking lot just north across West 36th Street. Additionally, an approximately 24,000 square feet vacant lot is included as part of the property and provides for additional development opportunities.
The building has been leased to reputable practitioners for many years, and has provided the owners a reliable income stream. This property would make a great investment for either partial owner-occupancy or investment purposes. Lease details are available at request to interested parties.
At a current estimated population of over 33,000, the City of Kearney is the fifth largest city within the State of Nebraska. The city has been steadily growing throughout its history, with an estimated population increase in the previous decade of over 9%. The unemployment has been historically low, and has remained at less than 3% in recent years. Many large employers are located within the city, and the largest include CHI Good Samaritan Health Systems, the University of Nebraska, Baldwin Filters, Kearney Public Schools and Buckle. The University of Nebraska at Kearney has an extensive campus, which hosts over 6,200 students annually.
Located centrally within the City of Kearney, the property is primarily zoned C-0 – Commercial Office, which is conducive for many medical and professional office uses. At just one-half block directly west of Second Avenue, the main four-lane thoroughfare through the city, access is very good. The surrounding area benefits from is location adjacent to the CHI Good Samaritan Hospital complex directly to the south, as well as complementary commercial real estate to the north and west.
2018 Taxes: $37,452.04 & $4,311.36