Freddy's Frozen Custard & Steakburgers
Retail | 5.25% CAP | 2,500 SF
Marketing description
Colliers National Net Lease Group is pleased to present the opportunity to purchase a brand-new single tenant absolute net leased asset occupied by rapidly growing Freddy’s Frozen Custard with a new 15-year lease and 10% increases every 5 years. The subject property is a Sale-Leaseback operated by a highly seasoned multi-franchisee with over 22 locations. This property sits with prominent visibility along the heavily trafficked 15 Freeway South. With the new development of Starbucks amongst others and the last stop on the way to Vegas, this is an excellent opportunity to purchase a STNL QSR with favorable increases, high visibility location and zero landlord responsibility providing the definition of true long-term passive income.
Investment highlights
Brand New Freddy’s Frozen Custard – 15 Year Lease
510 + Locations - #8 Fastest Growing Chain in the US
Highly Successful Multi Unit Franchisee
Absolute NNN Lease - Zero Landlord Responsibility
10% Rental Increases Every 5 Years Including (4) Ten Year Option Periods
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