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Investment Highlights

  • NOI $78,000.00
  • Brand New 10-year lease
  • Absolute corner location at Hwy 136 and Hwy 15, the primary retail intersection
  • New construction built in 2025
  • High visibility site with excellent access

Executive Summary

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 6.75% 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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
904 SF
Building Class
B
Year Built
2024
Price
$1,593,442 CAD
Price Per SF
$1,762.66 CAD
Cap Rate
6.75%
NOI
$107,557 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.76 AC

Amenities

  • Signage
  • Drive Thru
  • Air Conditioning
  • Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
480155852
Land Assessment
$81,928 CAD
Improvements Assessment
$581,623 CAD
Total Assessment
$663,552 CAD
  • Listing ID: 41331408

  • Date on Market: 2026-01-07

  • Last Updated:

  • Address: 1409 K St, Fairbury, NE 68352

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