Outback Steakhouse
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  • Asking Price: $1,635,100
  • Cap Rate: 6.40%
  • Lease Type: NNN
  • Status: Available
PROPERTY DETAILS:

Available for sale is a NNN leased Outback Steakhouse property located in Lincoln, Nebraska, just 2 miles east of the University of Nebraska. Outback is situated just south of the highly trafficked intersection of 48th Street and Vine Street, featuring combined traffic counts of 47,200 cars per day. The area benefits from heavy surrounding traffic and prominent national retailers including Target, Hy-Vee, T.J. Maxx, DSW, Michael’s, Walgreens, CVS, among others. Outback has occupied this location for over 23 years and features a 10% rent increase in the final option period.

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