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4603 Vine St, Lincoln, NE, 68503

Vacant QSR Opportunity
$1,975,000

Key Information

Lot Size
0.64 Acres
Type
Retail
Leasable Area
3,337

Highlights

  • Lincoln, NE – Lincoln is the 2nd most populous city in the state of NE, with over 300,000 residents and YOY population growth (~3% annually since 2020). Over 320,000 people are projected to call Lincoln, NE home by 2029.
  • Strong Household Income – $75,926 within 5 miles, and $85,978 within 10 miles, showing a strong customer base near the site.
  • University of Nebraska – The University of Nebraska drives stable student housing demand, as well as a strong, captive audience for retailers in the area.
  • The University of Nebraska is home to over 23,000 students, and roughly ~6,500 faculty members.
  • State Capital – Lincoln is the state capital of Nebraska, so it benefits from good road access, public transit, and proximity to Omaha (60 miles northeast).
  • Long Term Operating History – Original lease for this site was signed in 1996, and after 30 successful years at this location, Fazoli’s lease is up and they have no more renewal options left.
  • Fazoli’s will be vacating the site in February of 2026.
  • Large Lot Size with Drive-Thru – The property sits on a large, .64 AC parcel and features a drive-thru, allowing for flexible development and future usability of the building and parcel.
  • With over 3,350 SF, this building is set up for a wide range of potential future tenants and uses as well.
  • Shopping Center Outparcel – The site is outparceled to a major retail center off Vine St. that features tenants such as Vasa Fitness, multiple restaurants (Outback Steakhouse, Popeyes, etc.), Ace Hardware, and much more.
  • Main Retail Corridor & High Traffic Counts/Visibility – Vine Street sees nearly 20,000 VPD, and is home to many national and local retailers.
  • UNL (University of Nebraska at Lincoln) is less than 2 miles away, on Vine St.
  • Adequate Parking – With 33 designated parking spaces, the site allows plenty of room for consumers during peak hours to park and visit the store.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 35320 (NE)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203