Fast Food For Sale • 2,800 SF
Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew |
TENANT: Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee |
BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with a 10-car stack in drive-thru - slated to open February 2025 |
DOMINANT RETAIL CORRIDOR: Conveniently located on a pad site to a Lowe’s (across from Walmart - Top 33rd percentile store nationally per Placer.ai) |
HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a ±0.82-acre lot with great visibility/access on E End Blvd N |
2024 VERY AFFLUENT DEMOGRAPHICS: Population: 27,495 & Average Household Income: $89,031 |
Cap Rate: | 5.75 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Freddy's Frozen Custard |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Marshall Amtrak Station (Texas Eagle - Amtrak) | 2 min | - | 1.6 mi |