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Restaurant

Bruegger’s Bagels

12989 W Center Rd, Omaha, NE 68144

Listing Price: $1,551,000

Cap Rate
6.50%
Tenant Name
Bruegger’s Bagels
Years Remaining On Lease
7.9
Gross SF
2,400
Guarantor
No Guarantee
Rentable SF
2,400
Price/Gross SF
$646.25
Lease Type
Double Net
Rent Per Square Feet
$42.00

Investment Overview

Bruegger’s Bagels NNN Lease with 8+ Years Remaining in Omaha, Nebraska. Has Drive-thru; 2,400 SF Building on 0.36-Acre Parcel with Access/Additional Parking via REA. Ranks 83rd Percentile Chainwide & #1 of 3 Bruegger’s Locations in Omaha. Corporate Lease with Bruegger’s Enterprises, Inc. Lessee Entity. Outparcel to Montclair on Center – Busy Shopping Center with Strong Cross-Traffic Driven by its Anchors, HomeGoods & Marshalls, in Addition to Wall to Wall Wine & Spirits, Skechers Outlet, The
Tile Shop, and More. Strong Visibility to W Center Road with 37,137 VPD. Just West of Major 14-Lane Intersection of W Center Road and S 132nd St with a Combined 62,800 VPD.

Investment Highlights

  • Bruegger's Bagels NNN Lease with 8+ Years Remaining in Omaha, Nebraska
  • Tenant Just Renewed for 7 Years thru August 2032 at a 35% Increase in Rent, Demonstrating Exceptional Commitment to Site
  • Reports Strong Sales of $1.02M (T12 thru May 2024); Annual Sales Up 20% Since 2021
  • YTD Sales are Up 51% over Same-Period Last Year; On Track for Massive Annual Sales Growth in 2024
  • Nearly 30 Years of Operating History at Site; In- Place Since 1995 with History of Several Renewals
  • High Growth Area with Population Growth of 16.6%/1-Mi and 10.6%/3-Mi Since the 2010 Census
  • Central Location within Dense, Infill Retail Trade Area with National Retailers Including Aldi, At Home, Dave & Busters, Planet Fitness, T.J. Maxx, Burlington, Baker's, and More
  • Bruegger's is Owned under the Panera Brands Umbrella ($4.8B Revenue in FY2022), which includes Panera Bread, Caribou Coffee, and Einstein Bros. Brands Operating Subsidiaries and Totals Over 3,850 Restaurants in 11 Countries

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Financing By

Restaurant

Bruegger’s Bagels

Listing Price: $1,551,000

Cap Rate
6.50%
Tenant Name
Bruegger’s Bagels
Years Remaining On Lease
7.9
Gross SF
2,400
Guarantor
No Guarantee
Rentable SF
2,400
Price/Gross SF
$646.25
Lease Type
Double Net
Rent Per Square Feet
$42.00

Investment Highlights

  • Bruegger's Bagels NNN Lease with 8+ Years Remaining in Omaha, Nebraska
  • Tenant Just Renewed for 7 Years thru August 2032 at a 35% Increase in Rent, Demonstrating Exceptional Commitment to Site
  • Reports Strong Sales of $1.02M (T12 thru May 2024); Annual Sales Up 20% Since 2021
  • YTD Sales are Up 51% over Same-Period Last Year; On Track for Massive Annual Sales Growth in 2024
  • Nearly 30 Years of Operating History at Site; In- Place Since 1995 with History of Several Renewals
  • High Growth Area with Population Growth of 16.6%/1-Mi and 10.6%/3-Mi Since the 2010 Census
  • Central Location within Dense, Infill Retail Trade Area with National Retailers Including Aldi, At Home, Dave & Busters, Planet Fitness, T.J. Maxx, Burlington, Baker's, and More
  • Bruegger's is Owned under the Panera Brands Umbrella ($4.8B Revenue in FY2022), which includes Panera Bread, Caribou Coffee, and Einstein Bros. Brands Operating Subsidiaries and Totals Over 3,850 Restaurants in 11 Countries

Investment Overview

Bruegger’s Bagels NNN Lease with 8+ Years Remaining in Omaha, Nebraska. Has Drive-thru; 2,400 SF Building on 0.36-Acre Parcel with Access/Additional Parking via REA. Ranks 83rd Percentile Chainwide & #1 of 3 Bruegger’s Locations in Omaha. Corporate Lease with Bruegger’s Enterprises, Inc. Lessee Entity. Outparcel to Montclair on Center – Busy Shopping Center with Strong Cross-Traffic Driven by its Anchors, HomeGoods & Marshalls, in Addition to Wall to Wall Wine & Spirits, Skechers Outlet, The Tile Shop, and More. Strong Visibility to W Center Road with 37,137 VPD. Just West of Major 14-Lane Intersection of W Center Road and S 132nd St with a Combined 62,800 VPD.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

Financing By

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