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Drive-Through Restaurant Outparcel
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3465 N 168th Ct, Omaha, NE 68116

Single-tenant facility leased under an absolute NNN structure with a long remaining term and scheduled rent increases.

Property SizeContact for details
Days on Market143

Property Features for 3465 N 168th Ct

General Information

Standard status Active
Property subtype Retail

Additional Details

Drive-Thru Yes

Building Details

Tenancy Single
Listing Agency: Century Partners RE
Listed By: Matt Kramer · License #CA 01995909
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 5:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century Partners RE

Investment Insights

Based on property information with market context.

Located at 3465 N 168th Ct in Omaha, Nebraska, this single-tenant drive-through restaurant operates as an outparcel within Whispering Ridge Plaza. The center is anchored by Super Target, and the property is directly next to a McDonald’s restaurant. The site serves as a Freddy’s Frozen Custard & Steakburgers location operated by HCI Hospitality.

The property is subject to an absolute triple net lease with 20 years of remaining lease term and 7.5% rent increases scheduled every five years. HCI Hospitality operates 33 Freddy’s units and has been in business since 2010. The restaurant benefits from proximity to the intersection of Maple Rd and 168th St, which carries 45,000 cars per day.

The surrounding one-mile area has average household incomes exceeding $137,000, while the five-mile radius includes over 130,000 residents. The Omaha location combines a drive-through restaurant format with an established operator, adjacent national restaurant presence, and a Super Target-anchored retail setting.

Key Highlights

  • Absolute triple net lease with 20 years of lease term remaining
  • Scheduled 7.5% rent increases every five years
  • Outparcel to Super Target‑anchored Whispering Ridge Plaza

Property Analytics

Current Use

Freddy's Frozen Custard ... Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby

Demographics for 68116, NE

34,003
Population
13,071
Households
2.6
Avg Household Size
36
Median Age
55%
College-Educated
97%
High-School Grad
8.5 sq mi
ZIP Area
4,000
Density / Sq Mi
$119,182
Median Household Income
$62,325
Median Earnings
$1,440
Median Rent
$319,900
Median Home Value

Market

Vacancy Rate% for Retail in Omaha, NE

7.6% 2019
10.2% 2020
8.7% 2021
7.1% 2022
6.1% 2023
6.1% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Single-tenant facility leased under an absolute NNN structure with a long remaining term and scheduled rent increases.
Where is this drive through restaurant located?
The property is located at 3465 N 168th Ct Omaha, NE.
What are key features of this property?
This property features: Absolute triple net lease with 20 years of lease term remaining; Scheduled 7.5% rent increases every five years; Outparcel to Super Target‑anchored Whispering Ridge Plaza
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