12989 Center RdOmaha, NE 68144

This exceptional investment opportunity presents a fee-simple ownership of a Bruegger's Bagels QSR/Fast Food property in Omaha, Nebraska. The 2,400 square foot building, constructed in 1995, sits on a 0.36-acre lot and boasts a drive-thru. Currently operating under a Net Net Net (NNN) lease with Bruegger's Enterprises, Inc., the lease has a remaining term of approximately 7.8 years, expiring August 30, 2032, with a 5-year option to renew. The tenant recently renewed for seven years with a 35% rent increase, demonstrating strong commitment. The property enjoys a 6.50% cap rate and a Net Operating Income (NOI) of $100,800, based on an asking price of $1,551,000. Sales figures show strong performance, exceeding $1.02 million in the trailing twelve months through May 2024, representing a 20% increase since 2021 and a remarkable 51% year-to-date increase compared to the same period in the previous year. This location ranks in the 83rd percentile chainwide and is the top-performing of three Bruegger's Bagels locations in Omaha. The property benefits from its location in a high-growth area, with population increases of 16.6% within one mile and 10.6% within three miles since the 2010 census. It's situated in a busy shopping center with strong cross-traffic, offering excellent visibility on W Center Road (37,137 vehicles per day) and proximity to a major intersection (62,800 vehicles per day). The surrounding area includes numerous national retailers, further enhancing the property's appeal. Rent bumps are structured at 10% per option.