Restaurant
Granite City Food & Brewery
6200 O St, Lincoln, NE 68505
Listing Price: $3,769,000
Cap Rate
6.50%
Tenant Name
Granite City Brewery
Years Remaining On Lease
10.0
Gross SF
8,500
Guarantor
Corporate Guarantee
Rentable SF
8,500
Price/Gross SF
$443.41
Lease Type
NNN Ground Lease
Rent Per Square Feet
$28.82
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale an 8,500 square foot Granite City Food & Brewery restaurant in Lincoln, Nebraska.
Granite City Food & Brewery
Investment Highlights
- New 10-Year Absolute Triple-Net Ground Lease with 10% Rent Increases every Five Years and One Five-Year Option
- Tenant has Operated at the Subject Property for 7+ Years - New Lease Proves Commitment to the Site
- 2nd Most Visited Granite City Brewery in the Nation (2nd out of 17) - Only Location in State of Nebraska
- Corporate Guaranty from Granite City Food & Brewery LTD. - Granite City Brewery (17 Locations is Operated by BBQ Holdings (330+ Locations) who is Owned by MTY Food Group (6,900+ Locations)
- Adjacent to Dominant Regional Shopping Destination - Gateway Mall (4.5MM Visits in the last 12 Months; 57 Square Mile True Trade Area)
- Less than Four Miles from Downtown Lincoln (Daytime Population: 68,136) and the University of Nebraska (25,000+ Students; Division 1 Big Ten Conference Member)
Broker of Record
Listing Price: $3,769,000
Cap Rate
6.50%
Tenant Name
Granite City Brewery
Years Remaining On Lease
10.0
Gross SF
8,500
Guarantor
Corporate Guarantee
Rentable SF
8,500
Price/Gross SF
$443.41
Lease Type
NNN Ground Lease
Rent Per Square Feet
$28.82
Investment Highlights
- New 10-Year Absolute Triple-Net Ground Lease with 10% Rent Increases every Five Years and One Five-Year Option
- Tenant has Operated at the Subject Property for 7+ Years - New Lease Proves Commitment to the Site
- 2nd Most Visited Granite City Brewery in the Nation (2nd out of 17) - Only Location in State of Nebraska
- Corporate Guaranty from Granite City Food & Brewery LTD. - Granite City Brewery (17 Locations is Operated by BBQ Holdings (330+ Locations) who is Owned by MTY Food Group (6,900+ Locations)
- Adjacent to Dominant Regional Shopping Destination - Gateway Mall (4.5MM Visits in the last 12 Months; 57 Square Mile True Trade Area)
- Less than Four Miles from Downtown Lincoln (Daytime Population: 68,136) and the University of Nebraska (25,000+ Students; Division 1 Big Ten Conference Member)
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale an 8,500 square foot Granite City Food & Brewery restaurant in Lincoln, Nebraska.
Broker of Record
