909 South Dewey Street - For Lease

7 Brew has a Brand new 15-year Absolute NNN 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.

Property Highlights BRAND NEW 15-YEAR ABSOLUTE NNN LEASE: Brand new 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years!
EXTREMELY HIGH SALES VOLUME LOCATION: Successfully open & operating since 2024 with EXTREMELY ATTRACTIVE 3.33% RENT TO SALES RATIO!
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!

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!
BRAND NEW CONSTRUCTION: A custom-built building designed specifically for 7 Brew, featuring an impressive 17-car double-stack drive-thru – opened in 2024
2026 DEMOGRAPHICS: Total Population (5MI): 24,240 | Average Household Income (1MI): $77,360

Year built: 2024
CAP rate: 5.85%
Tenant: High Plains Brew, LLC
Lease type: Absolute NNN Lease
Lease expiration: 6/30/2041
Details: Four 5-Year Renewal Options

Building size: 510 sq ft