Old BK

Retail-Commercial for Sale
Catylist Listing ID: 30362863
Property Subtypes: Restaurant
Building Size (RSF): 2,924 SF
Gross Building Area: See Agent
Sale Price: $455,000
Unit Price: $155.61 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/31/2018

Overview / Comments

This is the former Burger King at 14th and Highway 2, some equipment still in the kitchen plus the dining room table and chairs. Separate party / sun room on the south side of the dining room. Has drive through window. Huge pole sign which is clearly visible from Highway 2. Great location for a restaurant or fast food restaurant. Seller would consider leasing at $8.00 Sq Ft NNN. Parking for 40+/- vehicles.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $8,427 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County Nebraska
Tax ID/APN: 09-01-323-005-000
Retail Clientele: General, Family, Traveler
Property Located Between: 14th and Highway 2
Property Visibility: Good
Largest Nearby Street: S 14th Street
Highway Access: Easy access from S 14th.
Airports: Lincoln
Site Description: Site is flat and just inside a flood plain.
Area Description: Busy intersection in Lincoln. Good traffic on S 14th and high traffic volumes on Highway 2.
Property Condition: Average
Year Built: 1984
Roof Type: Flat
Total Parking Spaces: 46
Parking Type: Surface
Parking Description: Plenty of perimeter parking around the building. Has Drive through.
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,610 106,653 210,231
Median Age: 37.48 34.89 34.73
Households: 4,147 44,615 84,008

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