For Sale: Freddy’s Frozen Custard & Steakburgers | 7201 Military Ave, Omaha, NE
Offered for sale is a Freddy’s Frozen Custard & Steakburgers located at a high-visibility, signalized corner of a major intersection in Omaha, Nebraska, boasting traffic counts of over 48,000 vehicles per day. This property features a brand-new 20-year Absolute NNN lease backed by a corporate guaranty from Wildcat Steakburgers, with 10% rent increases every 5 years and four 5-year renewal options. The site has been in operation for nearly a decade, showcasing the tenant’s long-term commitment to the location.
Strategically situated across from a Starbucks drive-thru, Home Depot, and Baker’s Supermarket, this property benefits from strong surrounding retail synergy. It is also just down the street from Goodwill’s World Headquarters and approximately 3 miles from CHI Health Immanuel Medical Center. Annual consumer spending within a 1-mile radius totals nearly $119 million, further underscoring the site’s strong fundamentals.
The tenant, HCI Hospitality, is a well-established 41-unit Freddy’s franchisee with operations in 7 states. Freddy’s, a nationally recognized and growing brand, currently operates over 550 locations across 36 states.
This is an exceptional opportunity to acquire a stable, long-term, corporately guaranteed investment in a thriving Omaha submarket with continued population and economic growth.