Jennifer Rea - Commercial Real Estate Showcase

Jennifer Rea Property Listings
Pegasus Investments
15915 Ventura Blvd
Suite Penthouse 2
Encino, CA 91436-2736
(818) 981-4910
(818) 990-0268

7606 N 30th Street - Burger King

Omaha, NE 68112-2726 - Northeast Omaha Ret Submarket

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:1980
Building Size:4,398 SF Land Area:.91 AC (39,640 SF)
For Sale Price:$2,900,000 Price/SF:$659.39
Cap Rate:5.75 %
Parking:Free Surface spaces are available; Ratio of 10/1,000 SF
Features:Pylon Sign, Signalized Intersection, Drive Thru

Burger King is located on the northwest corner of North 30th Street and Forest Lawn Avenue. Predominant land uses in the local market include retail strip centers, county offices, US Bank, Dollar General, Blockbuster Video, KFC, Taco Bell and McDonald’s. Supportive single and multi family residential developments are located throughout the area in adjoining neighborhoods.

Sale Notes:
Burger King Worldwide, Inc. was founded in 1954 and is now headquartered in Oakville, Canada after its merger with Tim Hortons to become Restaurant Brands International. Together with its subsidiaries, RBI operates and franchises fast food restaurants, primarily under the Burger King, Tim Hortons and now Popeye’s brands worldwide. RBI is publicly traded as “QSR” on the Toronto and New York stock exchanges, and is majority owned by 3G Capital. As of December 2017, the Burger King system consisted of over 16,000 restaurants in over 100 countries and U.S. territories. This is a corporate lease.

Lease expires March 31, 2026 followed by two 5-year options with rent equal to the greater of fair market value and the base rent paid in the year prior to the option. Tenant has a 15-day right of first refusal after receiving an bona fide offer from a third party.

Pegasus Investments
Jennifer Rea
(818) 981-4910

Matt Waterman
(818) 981-4910 x202

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