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Outback Steakhouse Absolute NNN Property
For Sale
Contact for pricing
Pending

633 N 48th St, Lincoln, NE 68504

Recently renewed single-tenant restaurant investment backed by a corporate guaranty.

Property SizeContact for details
Days on Market142

Property Features for 633 N 48th St

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: JDS Real Estate Services, Inc.
Listed By: Jennifer Stein · License #1001185
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 3:09AM

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 JDS Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This single-tenant restaurant property is leased under an Absolute NNN structure and has undergone recent renewal. The asset features a corporate guaranty, providing a defined lease framework for ownership. Outback Steakhouse is the identified occupant.

The property is located at 633 N 48th St in Lincoln, Nebraska, less than two miles from the University of Nebraska, which has 26,000 students. Nearby retail operators include Target, CVS, McDonald’s, Taco Bell, Raising Cane’s, and Chick-fil-A, creating a retail-oriented surrounding environment.

Key Highlights

  • Absolute NNN lease structure
  • Single‑tenant Outback Steakhouse property
  • Recently renewed asset

Property Analytics

Current Use

Outback Steakhouse Bar & Pub

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Law Firm Storage Facility

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

1,018
Businesses Nearby
383k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 23% Groceries 18% Apparel 15%
Hy-Vee Groceries
70,279 visits/mo 0.5 miles
Chick-fil-A Dining
52,225 visits/mo 0.5 miles
T.J. Maxx Apparel
40,556 visits/mo 0.2 miles
Michaels Shops & Services
32,420 visits/mo 0.3 miles
Five Below Shops & Services
31,216 visits/mo 0.3 miles

Demographics for 68504, NE

17,155
Population
8,793
Households
2
Avg Household Size
31
Median Age
33%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$52,159
Median Household Income
$32,787
Median Earnings
$1,014
Median Rent
$169,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Recently renewed single-tenant restaurant investment backed by a corporate guaranty.
Where is this nnn property located?
The property is located at 633 N 48th St Lincoln, NE.
What are key features of this property?
This property features: Absolute NNN lease structure; Single‑tenant Outback Steakhouse property; Recently renewed asset
(213) 446-5366 Call to check price and availability
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