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33964570
33964569

909 South Dewey Street, North Platte, NE 69101

JZ
NE NE 20070698, AZ SA545840000
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale
$1,453,000
2 days on market
Updated 1 day ago

7 BREW – (VERY STRONG SALES) - NORTH PLATTE, NE

Details
Property Type Retail
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 510
Net Rentable (SqFt) 510
Cap Rate 5.85%
NOI $85,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7 Brew
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2041
Rent Bumps Yes
Lease Options Four 5-Year Renewal Options
Year Built 2024
Acreage 0.550
Zoning C
Investment Type Net Lease
Lease Commencement 07/01/2026
Ground Lease Yes
Ownership Conveying ownership - underlying ground only

Retail | 5.85% CAP | 510 SqFt

Marketing description

7 Brew has a Brand new 15-year Absolute NNN ground lease with attractive 10% rental escalations every 5 years! The Tenant, High Plains Brew, LLC owns & operates 14 locations in Nebraska, Iowa and Eastern South Dakota. Tenant has significant expansion plans and has a signed development agreement for 30+ additional locations throughout the High Plains states in the coming years! The operator also became the first Freddy’s franchisee in 2004 and continues to grow their footprint with 26 current locations (3 additional in various stages of development in Kansas, Nebraska, Oklahoma, South Dakota & Texas! It is Successfully open & operating since 2024 with EXTREMELY ATTRACTIVE 3.33% RENT TO SALES RATIO! A custom-built building designed specifically for 7 Brew, featuring an impressive 17-car double-stack drive-thru - opened in 2024.

The Asset is Positioned on a ±0.55-acre parcel, pad site to newly redeveloped District 177 mixed-use project with excellent drive-by visibility/access on US-141 with traffic counts of 19,315 CPD! 7 Brew is

Pad site to District 177 Mall - an enclosed shopping center with key tenants such as Bomgaars, TJ. Maxx, Dunham’s Sports, Maurices, Glik’s, Famous Footwear, Five Below, Ashley Store & Golden Ticket Cinemas; nearby major retailers include Walmart, Hobby Lobby, Menards, Tractor Supply Co., Hibbett, Ace Hardware, Dollar Tree, Dollar General, Family Dollar, Walgreens, Fresh Foods, Anytime Fitness; Dining options include McDonald’s, Wendy’s, Chick-Fil-A, Freddy’s, Burger King, Raising Cane’s, Panda Express, Starbucks, Jimmy John’s, Amigo’s/Kings Classic, Runza, and Dairy Queen. It is 3 miles from Mid-Plains Community College - South Campus - a public community college offering various associate, certificate, degree & diploma programs, serving over 1,100 students in both North & South campuses; Less than 1 mile from Great Plains Health Hospitalists - a private, non-profit acute care hospital with 116 beds, offering over 30 medical specialties including behavioral health, cancer care, pregnancy & child birth, pediatrics, brain & spine, general surgery, etc.

Investment highlights

  • BRAND NEW 15-YEAR ABSOLUTE NNN LEASE: Brand new 15-year Absolute NNN ground lease with attractive 10% rental escalations every 5 years!

  • TENANT | GUARANTORS: High Plains Brew, LLC owns & operates 14 locations in Nebraska, Iowa and Eastern South Dakota. Tenant has significant expansion plans and has a signed development agreement for 30+ additional locations throughout the High Plains states in the coming years! The operator also became the first Freddy’s franchisee in 2004 and continues to grow their footprint with 26 current locations (3 additional in various stages of development in Kansas, Nebraska, Oklahoma, South Dakota & Texas!

  • EXTREMELY HIGH SALES VOLUME LOCATION: Successfully open & operating since 2024 with EXTREMELY ATTRACTIVE 3.33% RENT TO SALES RATIO! **Ask Broker for details.**

  • BRAND NEW CONSTRUCTION: A custom-built building designed specifically for 7 Brew, featuring an impressive 17-car double-stack drive-thru - opened in 2024

  • DOMINANT RETAIL CORRIDOR | TRAFFIC COUNTS: Positioned on a ±0.55-acre parcel, pad site to newly redeveloped District 177 mixed-use project with excellent drive-by visibility/access on US-141 with traffic counts of 19,315 CPD!

  • 2026 DEMOGRAPHICS: Total Population (5MI): 24,240 | Average Household Income (1MI): $77,360

Listing Contacts

JZ
NE NE 20070698, AZ SA545840000
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale

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$85,000.00
$7,083.33/mo

Valuation Metrics

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5.85%
Cap Rate
5.85%
ROI

Map

Zoning

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PB2 PlannedPlanned Commercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jessica Gibson
License
BR509621000
Title
Broker of Record
Name
Justin Zahn
License
NE 20070698
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