LONG-TERM LEASE: BRAND NEW 20-YEAR ABSOLUTE NNN LEASE with attractive 7.50% rental escalations every 5 years with four 5-year options to renew |
TENANT | GUARANTORS: Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants, making it the 6th largest Freddy’s |
BRAND NEW CONSTRUCTION: Well-positioned on a pad site to a newly constructed Hobby Lobby/Ross/T.J. Maxx Anchored Retail Center |
TRAFFIC COUNTS: Situated on a very large ±2.0-acre lot with excellent visibility/access on US-69/George Nigh Expy |
2024 DEMOGRAPHICS: Total Population (5MI): 21,428 | Average Household Income (1MI): $111,860 |