Multi-Tenant Office Building

250114 Skyport Drive - Scottsbluff NE 69361

LTV (Loan to Value)	65.00%	Current NOI	$344,508.00
Interest Rate	4.250%	Capital Rate	11.680%
Fixed Term	10 Years	Land Area	3.40 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$1,917,500.00	Property Type	Office Industrial
Payment	$10,387.83	Property Lease	Office Industrial
Bulding Size	79,108 SF	Remaining Terms	-

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a multi-tenant property located at 250114 Skyport Drive in Scottsbluff, Nebraska. The multi-tenant property to operate under a Fee Simple ownership with varying lease terms. The multi-tenant property will include the Nebraska Department of Health and Human Services (DHHS), the state agency of Nebraska, headquartered in Lincoln. Kent News Company is an independent distributor of magazines, books, and comics. Headquartered in Scottsbluff, Nebraska. Vertex Business Services LLC who offers utility billing and transaction services to the multifamily and manufactured housing markets. A second office building approximately 30,000 SF is also available with State of Nebraska and Vertex as tenants. Please ask broker for details.

Highlights

Scottsbluff NE, also known as the Valley, has been the home of the State of Nebraska, Vertex and Kent News…

Property Description

Scottsbluff is located in the Nebraska panhandle, that is centrally located within Scotts Bluff County. The city's population is 15,064 and is based on the 2012 census. The City shares its borders with the City of Gering and the City of Terrytown for a total population base of just under 24,000 residents. It is the retail hub of the Nebraska panhandle offering lodging, dining, and shopping. In 2014, Scottsbluff is implementing an economic development program that is authorized under the Local Option Municipal Economic Development Act that will allow sales tax receipts to be specifically earmarked for economic development activities within Scottsbluff. Businesses that are eligible to participate in this development will include manufacturing, interstate commerce and telecommunications. The money the business profited from this program may be used to provide job credits, buy land, and retain technical expertise on behalf of an eligible business. Scottsbluff is accessible to traffic from Interstate 80, located 40 miles south, U.S. Highways 26 and 71, as well as the Western Nebraska Regional Airport. The nearby Western Nebraska Regional Airport is the third-busiest airport in Nebraska in terms of passenger boarding.