7201 Military Ave - Restaurant FOR SALE


Omaha, NE 68134- Keystone
$2,826,087 USD
949-942-6585
7201 Military Ave, Omaha, NE for Sale
$2,826,087 USD
Restaurant - FOR SALE
1/5
null | 5.75% Cap Rate

7201 Military Ave
Omaha, NE 68134
Keystone


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,826,087 USD

PRICE/SF

$758 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freddy's Frozen Custard

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

C

APN/PARCEL ID

2778-0350-06

ASK ABOUT THIS PROPERTY

Scott ReidParaSell, Inc.More Info
949-942-6585

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Scott ReidParaSell, Inc.More Info
949-942-6585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.