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3720 North St
Nacogdoches, TX 75965

$3,545,000 USD

Fast Food For Sale  •  3,148 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,148 SF
  • Lot Size 2.17 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning C
0 Transit Score
48 Walk Score

Highlights

19 Years Remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years
Ram-Z Custard, LLC owns & operates 67 locations which includes 33 Freddy’s restaurants, making it the 7th largest Freddy’s franchisee
Constructed to Freddy’s latest prototype - opened in October 2023. Located in dominant retail corridor
Situated on a large ±2.17-acre lot (across the street from AMC Theatre Anchored Retail Center)
Excellent drive-by visibility/access on North St where traffic counts exceeding 24,890 CPD!
2023 Demographics: 2023 Population: 36,196 & 2023 Average Household Income: $78,092
Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Freddy's Frozen Custard & Steakburgers

Amenities

  • Restaurant
  • Signage
  • Drive Thru
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC