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34446054
34446052

1409 K Street, Fairbury, NE 68352 For Sale

AL
NE NE. 20250136, CO CO. ER100091205 (+5)
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$1,200,000
3 days on market
Updated 3 days ago

Ziggi's Coffee | ±9.5-Yr Abs NNN | Fairbury, NE

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 904
Net Rentable (SqFt) 904
Cap Rate 6.5%
NOI $78,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Burger King (+10)
Lease Type Absolute NNN
Lease Term 13.9
Lease Expiration 12/31/2035
Remaining Term 9.5
Rent Bumps Yes
Lease Options 2 x 5 Years
Year Built 2024
Acreage 0.760
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 01/31/2022
Ground Lease No

New 2024 Build | Along US Hwy 136

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed Ziggi's Coffee drive-thru located at 1409 K Street in Fairbury, Nebraska. The ±904-square-foot building, completed in 2024, sits on ±0.76 acres and is secured by an absolute NNN lease with ±9.5 years remaining and zero landlord responsibilities. The lease generates $78,000 in annual base rent ($6,500 per month) at a 6.50% cap rate, with scheduled 5% rent increases every five years providing built-in income growth. Two (2) five-year renewal options offer up to 10 additional years of occupancy.

The property is positioned along K Street (U.S. Highway 136, ±5,000 VPD), Fairbury's primary commercial corridor, with nearby retailers including Walmart, Tractor Supply Co, Dollar General, Subway, and Casey's. The 5-mile trade area is supported by employers including Jefferson Community Health & Life, Fairbury Public Schools, and local agricultural and manufacturing businesses. Ziggi's Coffee, founded in 2004, has grown to 120+ locations nationwide with $74 million in 2024 revenue and recognition as the 2025 #2 Best Drive-Thru Coffee by USA Today's 10Best, pairing emerging brand momentum with passive, long-term net-lease income.

Investment highlights

  • Absolute NNN Lease | Zero Landlord Responsibilities | ±9.5 Years Remaining
  • Scheduled 5% Rent Increases Every 5 Years w/ Two (2) 5-Year Renewal Options
  • New 2024 Construction Minimizing Near-Term Capital Expenditure
  • Positioned Along U.S. Highway 136 (K Street, ±5,000 VPD), Fairbury's Primary Commercial Corridor
  • Corridor Neighbors Include Walmart, Tractor Supply Co, Dollar General, Subway, and Casey's
  • Fast-Growing Specialty Coffee Brand w/ 120+ Locations and $74M in 2024 Revenue
  • Recognized as 2025 #2 Best Drive-Thru Coffee (USA Today 10Best Reader's Choice Awards)

Listing Contacts

AL
NE NE. 20250136, CO CO. ER100091205 (+5)
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,000.00
$6,500.00/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Adam Lewis
License
NE 20250136
Title
Broker of Record
Name
Adam Lewis
License
NE. 20250136
Brokerage
Marcus & Millichap
Brokerage Phone
3033282000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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