10810 Pacific StOmaha, NE 68114

For Sale
$1,300,000

High-yield, corporate-backed QSR investment.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 684 square foot Scooter's Coffee location in Omaha, Nebraska, operating under a 15-year absolute NNN ground lease commencing January 27, 2023, and expiring January 27, 2038. The lease includes a corporate guarantee from Scooter's Coffee, a rapidly expanding drive-thru coffee chain with over 750 locations nationwide. The property boasts a 6.00% cap rate and a strong net operating income (NOI) of $78,000. Rent increases of 10% every five years are built into the lease, providing significant long-term growth potential. The lease also includes four, five-year renewal options, further securing the investment's longevity. Situated on a 0.51-acre lot at 10810 Pacific St, Omaha, NE 68114, this location benefits from high visibility and accessibility, with daily traffic exceeding 200,000 vehicles via Pacific Street and I-680. The property is part of Regency Landing, a Class-A mixed-use development, ensuring a diverse and thriving surrounding environment. The building, constructed in 2023, is currently 100% occupied. This is a rare opportunity to acquire a secure, high-performing investment in a prime Omaha location. The strong tenant, favorable lease terms, and strategic location make this a compelling investment prospect.

Highlights

  • $1,300,000 asking price for a new 15-year absolute triple-net (NNN) ground lease with corporate guarantee.
  • 10% rent increases every five years, with four, five-year renewal options.
  • Scooter's Coffee, a rapidly expanding drive-thru coffee chain with over 750 locations nationwide, is the tenant.
  • Strong demographics: 267,164 residents within a five-mile radius of the 684 square foot property.
  • Located in Omaha, Nebraska's largest and fastest-growing metropolitan area.
  • High-traffic location accessible to over 200,000 vehicles daily via Pacific Street and I-680.

Property Details for 10810 Pacific St

Property type
Other retail properties, Restaurants
Square Feet
684 SF
Year Built
2023
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Omaha
County
Douglas
State
Nebraska
Latitude
41.2490404
Longitude
-96.0822135
10810 Pacific St, Omaha, Nebraska

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10810 Pacific St
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