505, 505 1/2 & 507 N Dewey St

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505, 505 1/2 & 507 N Dewey St

North Platte, NE 69101
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B

What's Special

505 N Dewey St, North Platte, NE 69101 <ul><li>​Voted #1 privately owned steakhouse in the United States</li><li>​Certified Angus Beef restaurant with owner-operator cattle ranching background</li><li>​Located in the heart of the North Platte Historic Canteen District at 505 N Dewey St</li><li>​Opened July 15, 2020 — established and nationally recognized brand</li><li>​Consistently near-perfect reviews on OpenTable and Tripadvisor</li><li>​On-site cocktail lounge generating additional revenue stream</li><li>​Strong local and destinat

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times