811 N 205th St - Fast Food FOR SALE


Elkhorn, NE 68022
$1,536,000 USD
480-718-5555
811 N 205th St, Elkhorn, NE for Sale
$1,536,000 USD
Fast Food - FOR SALE
1/10
null | 6.25% Cap Rate

811 N 205th St
Elkhorn, NE 68022


HIGHLIGHTS

  • CORPORATE LONG-TERM LEASE: 14 years remaining on initial 15-year NN* lease with attractive 10% rental escalations every 5 years!
  • TENANT | PERSONAL GUARANTY: Abelardo’s Mexican Food, LLC owns & operates ±70 restaurants in NE, IA, MO, KS, OS, IL & MN
  • PAD SITE | TRAFFIC COUNTS: Pad site to Menards - just off a signalized hard corner of N 204th St (main north/ south artery) & Cumberland Dr
  • STRONG INTRINSIC VALUE: Priced below replacement cost in RARE West Omaha location!
  • VERY AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 124,620 | Average Household Income (1MI): $204,594
  • LOW UNEMPLOYMENT RATE (DEC. 2025): According to the Bureau of Labor Statistics, Nebraska reported a 3% unemployment rate, ranking #5 lowest in nation

OVERVIEW

(Building & Land) Fee Simple

FOR SALE DETAILS

PRICE

$1,536,000 USD

PRICE/SF

$431 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ABELARDO’S – ELKHORN, NE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C

APN/PARCEL ID

3944-1004-17

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.