Freddy's Frozen Custard & Steakburgers
Retail | 6.0% CAP | 2,404 SF
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Freddy’s Frozen Custard & Steakburgers in Brownwood, TX. The subject property is a new development and has a strong franchise guaranty by Ram-Z Restaurant Group. It is an outparcel to Walmart and is situated around national retailers.
Property Website: https://trinityreis.com/listing/305-w-commerce-st/
Investment highlights
New Development Freddy's Frozen Custard & Steakburgers
20-Year Absolute NNN Lease With Zero Landlord Responsibilities
7.5% Rental Increase Every 5 Years That Occurs Throughout Current Term and Options
$10,000/Year Billboard Rent Included in Addition to Freddy’s Rent
Outparcel to Walmart Supercenter and Situated Around National Retailers, Apartments, and Schools Generating Additional Traffic to the Area
24,000+ 5 Mile Population – Surrounded by Residential Properties With Strong Built-In Customer Base
Located Along US Hwy 67 Generating 18,700 Vehicles Passing in Front of Subject Property per day
Strong Franchise Guaranty by Ram-Z Restaurant Group, With all 70+ Units Backing the Lease
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