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FORMER BURGER KING - LINCOLN, NE 1448 N 48th St

2,968 SF Retail Building Lincoln, NE 68504 $1,955,250 CAD ($659 CAD/SF)

Investment Highlights

  • TURNKEY VALUE-ADD OPPORTUNITY FOR USER OR DEVELOPER WITH DRIVE-THRU
  • Adjacent to University of Nebraska Lincoln East Campus (23,600 students in all 3 campuses)
  • According to Bureau of Labor Statistics (Apr 2024), National unemployment rate at 3.9% | Lincoln’s unemployment rate at 2.1%
  • Situated on the hard corner (infill location) with high drive-by visibility with traffic counts of 30,570
  • Just one mile south of Nebraska Wesleyan University (3,703 students)
  • 2024 DEMOGRAPHICS: Total Population (5-MI): 219,619 | Average Household Income (5-MI): $94,020

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,968 SF
Building Class
B
Year Built/Renovated
1983/2014
Price
$1,955,250 CAD
Price Per SF
$659 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.74 AC
Zoning
C
Frontage
140 ft on 48th St

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Net
  • Jun 2036

Chaque jour, plus de 11 millions de clients visitent les restaurants Burger King partout dans le monde. Et ils le font parce que les restaurants Burger King sont réputés pour servir des aliments de haute qualité, savoureux et abordables. Fondée en 1954, Burger King est la deuxième chaîne de hamburgers de restauration rapide en importance au monde. La maison originale du Whopper, leur engagement envers des ingrédients de première qualité, des recettes distinctives et des expériences culinaires familiales sont ce qui a défini la marque depuis plus de 50 ans de succès.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services - - Net Jun 2036

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1 SF
  • Retail
  • -
  • Now

TURNKEY VALUE-ADD OPPORTUNITY FOR USER OR DEVELOPER WITH DRIVE-THRU.? The property is situated on the hard corner (infill location) with high drive-by visibility with traffic counts of 30,570 - Adjacent to University of Nebraska Lincoln East Campus (23,600 students in all 3 campuses) and just one mile south of Nebraska Wesleyan University (3,703 students).? Major Retailers nearby are: Costco, Target, Walmart, Sam’s Club, Lowe’s, Menards, Home Depot, At Home, Scheels, Kohl’s, Dick’s Sporting Goods, Hobby Lobby, T.?J.? Maxx, Marshalls & HomeGoods, DSW, Michaels, Joann Fabrics, Kirkland’s Home, Five Below, Barnes & Noble, Office Depot, Staples, Hy-Vee, Super Saver, Natural Grocers, Whole Foods, Russ Market, Trader Joe’s, Petco, Best Buy, Big Lots, Tractor Supply Co; Less than 3 miles from CHI Health St.? Elizabeth (258 beds); 5 miles from Bryan Medical Center West & 2 miles from Bryan Medical Center East (664 beds in both campuses).?

Space Size Space Use Position Available
1st Floor 1 SF Retail - Now

1st Floor

Size
1 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1 SF
Space Use Retail
Position -
Available Now

TURNKEY VALUE-ADD OPPORTUNITY FOR USER OR DEVELOPER WITH DRIVE-THRU.? The property is situated on the hard corner (infill location) with high drive-by visibility with traffic counts of 30,570 - Adjacent to University of Nebraska Lincoln East Campus (23,600 students in all 3 campuses) and just one mile south of Nebraska Wesleyan University (3,703 students).? Major Retailers nearby are: Costco, Target, Walmart, Sam’s Club, Lowe’s, Menards, Home Depot, At Home, Scheels, Kohl’s, Dick’s Sporting Goods, Hobby Lobby, T.?J.? Maxx, Marshalls & HomeGoods, DSW, Michaels, Joann Fabrics, Kirkland’s Home, Five Below, Barnes & Noble, Office Depot, Staples, Hy-Vee, Super Saver, Natural Grocers, Whole Foods, Russ Market, Trader Joe’s, Petco, Best Buy, Big Lots, Tractor Supply Co; Less than 3 miles from CHI Health St.? Elizabeth (258 beds); 5 miles from Bryan Medical Center West & 2 miles from Bryan Medical Center East (664 beds in both campuses).?

Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Fazoli's
Hy-Vee
McAlister's Deli
Outback Steakhouse
Starbucks
Natural Grocers
Olive Garden Italian Kitchen
Scooter's Coffeehouse
Applebee's
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-20-200-010-000
Land Assessment
$537,660 CAD
Improvements Assessment
$850,475 CAD
Total Assessment
$1,388,136 CAD
  • Listing ID: 33639950

  • Date on Market: 2023-10-19

  • Last Updated:

  • Address: 1448 N 48th St, Lincoln, NE 68504

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