Burger King | 501 N 6th St
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Burger King 501 N 6th St
3,350 SF 100% Leased Retail Building Beatrice, NE 68310 $1,983,494 ($592/SF) 6.24% Cap Rate
Investment Highlights
- PRICE: $1,983,494
- NOI: $123,770.04
- LOT SIZE: 0.78 AC / 33,977 SF
- CAP RATE: 6.24%
- REMAINING ON LEASE: 11 years 8 months
- RENTABLE BUILDING AREA: 3,350 SF
Executive Summary
EXECUTIVE SUMMARY
501 N 6th St in Beatrice, NE, is a well-located restaurant property with great visibility in the heart of the town. This fully equipped space is ready for a new owner to start operations immediately. The tenant is a 16 Store operator. The property features a functional kitchen, dining area, and convenient parking for customers. Its position on a main road ensures consistent traffic and easy access, making it a great opportunity for someone looking to establish or expand a restaurant in the community.
LOCATION OVERVIEW
Beatrice, NE, is located just 40 miles south of Lincoln, Nebraska, offering direct access to major transportation routes like U.S. Highway 77. The city serves as a hub for agriculture and manufacturing industries, benefiting from a strong local economy and a supportive business environment. Beatrice's close proximity to larger markets, including Lincoln and Omaha, positions it as a convenient location for regional commerce. Additionally, the area is known for its community-driven growth, with ongoing investments in infrastructure and local development initiatives that create an attractive environment for commercial enterprises.
501 N 6th St in Beatrice, NE, is a well-located restaurant property with great visibility in the heart of the town. This fully equipped space is ready for a new owner to start operations immediately. The tenant is a 16 Store operator. The property features a functional kitchen, dining area, and convenient parking for customers. Its position on a main road ensures consistent traffic and easy access, making it a great opportunity for someone looking to establish or expand a restaurant in the community.
LOCATION OVERVIEW
Beatrice, NE, is located just 40 miles south of Lincoln, Nebraska, offering direct access to major transportation routes like U.S. Highway 77. The city serves as a hub for agriculture and manufacturing industries, benefiting from a strong local economy and a supportive business environment. Beatrice's close proximity to larger markets, including Lincoln and Omaha, positions it as a convenient location for regional commerce. Additionally, the area is known for its community-driven growth, with ongoing investments in infrastructure and local development initiatives that create an attractive environment for commercial enterprises.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,350 SF
Building Class
B
Year Built
1986
Price
$1,983,494
Price Per SF
$592
Cap Rate
6.24%
NOI
$123,770
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.78 AC
Zoning
Z03
Parking
29 Spaces (8.65 Spaces per 1,000 SF Leased)
Frontage
179 FT on N 6th St
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 011016000 | Improvements Assessment | $857,020 |
| Land Assessment | $91,000 | Total Assessment | $948,020 |
PROPERTY TAXES
Parcel Number
011016000
Land Assessment
$91,000
Improvements Assessment
$857,020
Total Assessment
$948,020
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Burger King | 501 N 6th St
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