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220757 E 92 Hwy
Gering, NE 69341

$5,657,570 USD

Manufacturing For Sale  •  330,000 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 330,000 SF
  • Lot Size 32.5 AC
  • Building Class C
  • Year Built 1968
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning Heavy Industrial/ MF
0 Transit Score
14 Walk Score

Description

Located on the South East corner of Gering - this property is bounded by State Highway 92 to the North and Lockwood Road (21st Street) to the East; 1/4 mile to the East is access to the Heartland Expressway that runs North to Rapid City, SD and South to Interstate 80.
Regional West Airport is 15 minutes away.....Offers 3 flights to Denver Daily via United Express.

Highlights

Internal/External Union Pacific Rail Spur
Easy access parking to all entrances on 32 Acres
Offices include executive offices, private offices, meeting room; break rooms
Entire facility wet-sprinklered; fire protection system; security lighted all sides, in-ceiling lighting throughout
Highway Accessible - Interstate 80 is 45 minutes south on 4 lane Highway

Property Flyers

Financial Summary (Actual)

Net Operating Income: $515,147 USD (2022)
Cap Rate: 7.50 %
Total Expenses: $322,416 USD

Major Tenants

Tenant SF Occupied Lease End Date
Prime Metal Products (PMP) 178,000 SF 4/30/2035
Simplot Soil Builders 139,000 SF 11/30/2026

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Fenced Lot
  • Property Manager on Site
  • Skylights
  • Yard
  • Reception
  • Storage Space
  • Fluorescent Lighting

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 485
Type: Surface
Included in Rent: Yes
Jim Gibson 832-476-3440 Northmarq
Jim Gibson 832-476-3440 Northmarq