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Drive-Through Restaurant Ground Lease
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909 South Dewey Street, North Platte, NE 69101

Brand new 15-year absolute NNN ground lease for a custom 17-car double-stack drive-thru building opened in 2024.

Property Size510 SF
Lot Size0.55 Acres
Price / SF$2,849
Days on Market54

Property Features for 909 South Dewey Street

General Information

Standard status Active
Size 510 SF
Lot size 0.55 Acres
Property subtype Retail
Zoning C
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $85,000

Site & Location

Traffic Count 19,315 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2024
Units 1
Tenancy Single
Listing Agency: Commercial Investment Advisors (CIA) Scottsdale
Listed By: Justin Zahn · License #SA545840000
Source: Crexi
Added: Jun 29 Changed: Aug 14 Last Checked: Aug 20 at 9:53PM

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) Scottsdale

Investment Insights

Based on property information with market context.

A brand new 15-year absolute NNN ground lease is in place for a custom-built drive-through restaurant facility designed for 7 Brew and opened in 2024. The building features an impressive 17-car double-stack drive-thru configuration. The ground lease includes 10% rental escalations every five years. The tenant, High Plains Brew, LLC, owns and operates multiple 7 Brew locations and operates under its existing operating platform.

The property is located at 909 South Dewey Street in North Platte, Nebraska, on a +/-0.55-acre pad site. It provides access and drive-by visibility off US-141 and is positioned as a pad site to the newly redeveloped District 177 mixed-use project. The enclosed shopping center in the District 177 development includes a range of retailers and entertainment options, and the immediate area also includes prominent national and regional tenants.

For tenants or investors looking for a drive-through format with a purpose-built configuration, this offering centers on an absolute NNN structure with an operating, newly delivered facility and defined lease terms. The location aligns with retail and service demand generated by the surrounding retail mix and nearby healthcare and education uses.

Key Highlights

  • Brand‑new custom‑built 7 Brew building opened in 2024, designed with a 17‑car double‑stack drive‑thru.
  • 15‑year absolute NNN ground lease with 10% rental escalations every 5 years.
  • Tenant High Plains Brew, LLC operates 14 locations across Nebraska, Iowa, and Eastern South Dakota, with expansion plans and a signed agreement for 30+ additional locations.

Property Analytics

Current Use

7 Brew Coffee Cafe & Coffee Shop

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store HVAC Service Storage Facility Real Estate Agency

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

19,315 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,304
Businesses Nearby
374k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Apparel 18% Superstores 18% Shops & Services 13%
Walmart Superstores
68,771 visits/mo 0.5 miles
T.J. Maxx Apparel
30,913 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
29,414 visits/mo 0.3 miles
McDonald's Dining
24,127 visits/mo 0.3 miles
Bomgaars Home Improvements & Furnishings
18,410 visits/mo 0.3 miles

Demographics for 69101, NE

28,589
Population
13,662
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
93%
High-School Grad
586.3 sq mi
ZIP Area
49
Density / Sq Mi
$61,833
Median Household Income
$37,358
Median Earnings
$878
Median Rent
$183,100
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?
Drive through restaurant - Brand new 15-year absolute NNN ground lease for a custom 17-car double-stack drive-thru building opened in 2024.
Where is this drive through restaurant located?
The property is located at 909 South Dewey Street North Platte, NE.
What is the asking price?
The asking price for this property is $1,453,000.
What are key features of this property?
This property features: Brand‑new custom‑built 7 Brew building opened in 2024, designed with a 17‑car double‑stack drive‑thru.; 15‑year absolute NNN ground lease with 10% rental escalations every 5 years.; Tenant High Plains Brew, LLC operates 14 locations across Nebraska, Iowa, and Eastern South Dakota, with expansion plans and a signed agreement for 30+ additional locations.
More about this property
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