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811 N 205th St
Elkhorn, NE 68022 Elkhorn

$1,536,000 USD

Fast Food For Sale  •  3,566 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,507 SF
  • Lot Size 0.78 AC
  • Building Class C
  • Year Built 2015
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C
0 Transit Score
40 Walk Score

Highlights

CORPORATE LONG-TERM LEASE: 14 years remaining on initial 15-year NN* lease with attractive 10% rental escalations every 5 years!
TENANT | PERSONAL GUARANTY: Abelardo’s Mexican Food, LLC owns & operates ±70 restaurants in NE, IA, MO, KS, OS, IL & MN
PAD SITE | TRAFFIC COUNTS: Pad site to Menards - just off a signalized hard corner of N 204th St (main north/ south artery) & Cumberland Dr
STRONG INTRINSIC VALUE: Priced below replacement cost in RARE West Omaha location!
VERY AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 124,620 | Average Household Income (1MI): $204,594
LOW UNEMPLOYMENT RATE (DEC. 2025): According to the Bureau of Labor Statistics, Nebraska reported a 3% unemployment rate, ranking #5 lowest in nation

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Abelardos 3,507 SF 2/28/2040

Amenities

  • Restaurant
  • Signage
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Eppley Airfield 38 min - 19.9 mi
Lincoln 58 min - 47.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC