NNN Restaurant Investment
For Sale
Contact for pricing
Pending
5540 Old Cheney Rd, Lincoln, NE 68516
Restaurant facility occupied under a long-term NNN lease with scheduled rent adjustments.
Property Size3,679 SF
Lot Size0.89 Acres
Days on Market142
Property Features for 5540 Old Cheney Rd
General Information
Standard status
Pending
Size
3,679 SF
Lot size
0.89 Acres
Property subtype
Retail
Listing Agency:
Jenni Limbach
Listed By:
Jenni Limbach · License #NE 20220393
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:36PM
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 Jenni Limbach
Investment Insights
Based on property information with market context.
This 3,679-square-foot restaurant property sits on a 0.89-acre parcel and includes ample on-site parking. Amigos/Kings Classic currently occupies the building under a NNN lease that runs through October 2035, providing a defined lease term for the investment.
The property is located at 5540 Old Cheney Rd in Lincoln, Nebraska, near 56th and Old Cheney/Nebraska highway. Base rent is scheduled to increase 7.5% over the expiring five-year period, creating a contractual adjustment within the lease structure. The existing restaurant use, site area, parking, tenant occupancy, and extended lease term define the asset’s current configuration.
The property is located at 5540 Old Cheney Rd in Lincoln, Nebraska, near 56th and Old Cheney/Nebraska highway. Base rent is scheduled to increase 7.5% over the expiring five-year period, creating a contractual adjustment within the lease structure. The existing restaurant use, site area, parking, tenant occupancy, and extended lease term define the asset’s current configuration.
Key Highlights
- 3,679‑square‑foot restaurant building on a 0.89‑acre lot
- NNN lease with Amigos/Kings Classic through October 2035
- Base rent increases 7.5% over the expiring five‑year period
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,185
Businesses Nearby
355k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Superstores 20%
Shops & Services 17%
Groceries 12%
Target
Superstores
69,495 visits/mo
0.4 miles
Super Saver
Groceries
41,337 visits/mo
0.3 miles
Raising Cane's Chicken Fingers
Dining
39,096 visits/mo
0.3 miles
McDonald's
Dining
33,707 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
31,824 visits/mo
0.5 miles
Demographics for 68516, NE
47,448
Population
19,549
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
98%
High-School Grad
18.9 sq mi
ZIP Area
2,510
Density / Sq Mi
$100,093
Median Household Income
$52,344
Median Earnings
$1,213
Median Rent
$331,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Restaurant facility occupied under a long-term NNN lease with scheduled rent adjustments.
Where is this nnn property located?
The property is located at 5540 Old Cheney Rd Lincoln, NE.
What are key features of this property?
This property features: 3,679‑square‑foot restaurant building on a 0.89‑acre lot; NNN lease with Amigos/Kings Classic through October 2035; Base rent increases 7.5% over the expiring five‑year period
