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    2250 N Webb Rd Grand Island, NE 68803

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    For Sale
    $1,182,000

    NN leased restaurant property with a strong tenant.

    Property size:
    3,226 SF
    Lot size:
    1.74 Acres

    Property Features for 2250 N Webb Rd

    General Information

    Size
    3,226 SF
    Lot size
    1.74 Acres

    Source: Commercial Investment Advisors (CIA) - Corporate Agent Justin Zahn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant For Sale in Grand Island

    This property is a pad site situated within a shopping center anchored by Dick’s Sporting Goods and Burlington, spanning approximately 1.10 acres. The location benefits from high visibility and accessibility in a dominant retail corridor along N Webb Rd, which experiences traffic counts of 14,617 cars per day. The property is currently leased to Abelardo’s Mexican Food, LLC, which owns and operates 60 restaurants across multiple states. The initial 10-year NN lease has 8 years remaining, with 2% annual rental escalations and two 5-year options to renew. The total population within a 5-mile radius is 54,798. The average household income within a 1-mile radius is $100,057. As of January 2025, Nebraska’s unemployment rate is reported at 2.9%. The property size is 3,226 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    T-Mobile Authorized Retailer Cell Phone Store Tso's Asian Buffet Asian Restaurant DICK'S Sporting Goods Sporting Goods Store SMOKAHA TOBACCO Tobacco Shop Coin Corner Coin Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hit the Spot

    Location Insight

    • Map
    • Local Demand
    City
    Grand Island
    County
    Hall
    State
    Nebraska
    Longitude
    -98.378762
    Latitude
    40.942851

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    FAQs

    What type of property is this?
    Restaurant - NN leased restaurant property with a strong tenant.
    Where is this restaurant located?
    The property is located at 2250 N Webb Rd Grand Island, NE.
    What is the asking price?
    The asking price for this property is $1,182,000.
    What are key features of this property?
    This property features: - Dominant retail corridor with high traffic counts (14,617 CPD) on N Webb Rd.; - 8 years remaining on initial NN lease with 2% annual rental escalations. Two 5-year options to renew.; - Strong Tenant: Abelardo’s Mexican Food, LLC, operating 60 restaurants.
    (480) 718-5555
    Request Owner's contact information
    2250 N Webb Rd Grand Island, NE 68803
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    Grand Island, NE 68803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2250 N Webb Rd Grand Island, NE 68803
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