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    Freestanding Restaurant Leasehold Title is generated by Realmo AI

    811 N 204th St, Elkhorn, NE 68022

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    Net lease restaurant pad site anchored by Menards at a signalized corner with strong vehicular traffic counts.

    Type:RETAIL
    Property size:
    3,507 SF
    Price / SF:
    $437/SF
    Added:
    Jun 12, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 20 at 7:37 am

    Property Features for 811 N 204th St

    General Information

    Standard status
    Active
    Size
    3,507 SF
    Property subtype
    RETAIL

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    Listing Contact
    Justin Zahn
    Justin Zahn

    Listing agent Justin Zahn

    Listing office Commercial Investment Advisors (CIA) - Corporate

    Listing date Jun 12, 2026

    Source Moodyscre

    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 Commercial Investment Advisors (CIA) - Corporate

    HighLights

    • Net lease restaurant pad site with Menards as the anchor at a signalized corner
    • 14 years remaining on the initial 15‑year NN lease with 10% rental escalations every 5 years
    • Tenant is Abelardo’s Mexican Food, LLC, which owns and operates 70 restaurants across multiple states
    • Lease includes personal guaranty from the tenant’s owner/operator
    • Located at N 204th St and Cumberland Dr with traffic counts of 36,399 CPD
    • Near W Dodge Rd exit ramp with traffic counts of 54,585 CPD

    Overview

    This for-sale restaurant leasehold is occupied by Abelardo’s Mexican Food, LLC under an initial 15-year NN* lease structure. According to the provided remarks, Abelardo’s has 14 years remaining on the initial term, with rental escalations of 10% every five years. The lease is further supported by a personal guaranty from the owner/operator.

    The property is described as a pad site to Menards, located just off a signalized hard corner of N 204th St and Cumberland Dr. The remarks cite traffic counts of 36,399 CPD at the intersection and 54,585 CPD at the nearby W Dodge Rd exit ramp one block to the north.

    For tenants, operators, or buyers evaluating a stabilized, long-term food service leasehold, the key considerations are the remaining lease term, the scheduled rent escalations, and the personal guaranty support noted in the offering materials. For those seeking a restaurant investment positioned with national-regional brand operational backing, the tenant profile provided indicates existing multi-state operations, though all leasing terms should be verified through due diligence.
    Location Intelligence

    Current Use by Public Records

    Hardee's Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkhorn
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.234399
    Latitude
    41.265548

    FAQs

    What type of property is this?
    Conventional restaurant - Net lease restaurant pad site anchored by Menards at a signalized corner with strong vehicular traffic counts.
    Where is this conventional restaurant located?
    The property is located at 811 N 204th St Elkhorn, NE.
    What is the asking price?
    The asking price for this property is $1,536,000.
    What are key features of this property?
    This property features: Net lease restaurant pad site with Menards as the anchor at a signalized corner; 14 years remaining on the initial 15‑year NN lease with 10% rental escalations every 5 years; Tenant is Abelardo’s Mexican Food, LLC, which owns and operates 70 restaurants across multiple states
    (480) 718-5555 Call to check price and availability
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