5511 Tree Top Lane, Bismarck ND
High Traffic NNN Investment Property
Marketing description
Aspen Group LLP is pleased to offer, to qualified investors, the opportunity to purchase a true passive Absolute NNN Lease – Backed by Freddy’s Frozen Custard & Steakburgers franchisee. The site is located at 5511 Tree Top Lane in Bismarck, North Dakota.
The subject property is a 1-story, 2,852 SF building that sits on a 38,640 SF lot. This property is ideally situated in Bismarcks fasted growing areas.
Investment highlights
10 Year Lease Term
CAP: 5.37%
NOI: $144,900.00
New Construction
Absolute NNN Lease – True Passive Investment
Top QSR Operator – Operated by a Freddy’s Frozen Custard & Steakburgers franchisee.
Investment Package available to qualified investors with a signed NDA.
Strong Demographics – Over 73,000 people live within a five-mile radius
High Visibility Location – 38,045 Average VPD
Proximity to Major Retailers – Less than a mile from Costco, Walmart, Fleet Farm, Tractor Supply, Ross Dress for Less, Sierra, Homegoods, Ulta, Panda Express, IHOP, Culvers, Ace Hardware, Wingate by Wyndham, Candlewood Suites, Pancheros, Verizon, AT&T, and T-Mobile
Surrounded by Community Anchors – Close to schools, retail centers, and neighborhood amenities driving consistent daily traffic
This property has exceptional exposure along Highway 83 with high vehicle traffic, and full North/South lighted access to Highway 83, and West access to high density/high growth North Bismarck neighborhoods.
Highway 83 is a principal arterial roadway through the city with average traffic counts of 38,045.
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