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Restaurant

Burger King

7102 S 84th St, La Vista, NE 68128

Listing Price: $1,728,000

Cap Rate
5.00%
Tenant Name
Burger King
Years Remaining On Lease
11.3
Guarantor
Corporate Guarantee
Rentable SF
3,232
Lease Type
Absolute Net
Rent Per Square Feet
$26.73

Investment Overview

Marcus & Millichap is pleased to exclusively present this standalone 3,232 square-foot Burger King, situated on a large 0.82 acres lot, located just outside of Omaha, NE in an area currently witnessing remarkable transformation and development. This site is fortified with an extremely rare corporate guaranty from Burger King 11-years of firm term remaining on a NNN lease with rent currently far below below-market ($26.67/SF).

This site is uniquely positioned in the heart of the 84th Corridor, a focal point of La Vista's ambitious plans. One of the most notable developments only a few parcels away from the subject property is the "City Centre" project, which spans 30 acres and includes a 5,000-person Multipurpose Venue, 300,000 square feet of mixed-use space, and 385-Units. All of these major developments surrounding the property indicates a promising trajectory for increased foot traffic and vast appreciation potential. The area's robust growth is further exemplified by Sarpy County's status as Nebraska's fastest-growing county.

Investment Highlights

  • NOI and Cap Rate Based on Upcoming Rent Increase from $80,000 to $86,400 on 3/31/2025 (Seller to Credit Difference in Rent at Closing) Extremely Strong Performing Site w/ Rare Corporate Guaranty w/ D
  • Site Fully Remodeled in 2019 Over 11-Years of Firm Lease Term Remaining at Below Market Rent
  • Only a Few Parcels Away from a Brand-New 30-Acre Development (385-Units, 300k SF of Mixed-Use, and a 5,000-Person Multipurpose Venue) Located Only 10-Miles from Downtown Omaha, NE (5-Mile Population

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Financing By

Restaurant

Burger King

Listing Price: $1,728,000

Cap Rate
5.00%
Tenant Name
Burger King
Years Remaining On Lease
11.3
Guarantor
Corporate Guarantee
Rentable SF
3,232
Lease Type
Absolute Net
Rent Per Square Feet
$26.73

Investment Highlights

  • NOI and Cap Rate Based on Upcoming Rent Increase from $80,000 to $86,400 on 3/31/2025 (Seller to Credit Difference in Rent at Closing) Extremely Strong Performing Site w/ Rare Corporate Guaranty w/ D
  • Site Fully Remodeled in 2019 Over 11-Years of Firm Lease Term Remaining at Below Market Rent
  • Only a Few Parcels Away from a Brand-New 30-Acre Development (385-Units, 300k SF of Mixed-Use, and a 5,000-Person Multipurpose Venue) Located Only 10-Miles from Downtown Omaha, NE (5-Mile Population

Investment Overview

Marcus & Millichap is pleased to exclusively present this standalone 3,232 square-foot Burger King, situated on a large 0.82 acres lot, located just outside of Omaha, NE in an area currently witnessing remarkable transformation and development. This site is fortified with an extremely rare corporate guaranty from Burger King 11-years of firm term remaining on a NNN lease with rent currently far below below-market ($26.67/SF). This site is uniquely positioned in the heart of the 84th Corridor, a focal point of La Vista's ambitious plans. One of the most notable developments only a few parcels away from the subject property is the "City Centre" project, which spans 30 acres and includes a 5,000-person Multipurpose Venue, 300,000 square feet of mixed-use space, and 385-Units. All of these major developments surrounding the property indicates a promising trajectory for increased foot traffic and vast appreciation potential. The area's robust growth is further exemplified by Sarpy County's status as Nebraska's fastest-growing county.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

Financing By

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