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33966622
33966618

3720 North Street, Nacogdoches, TX 75965

JZ
AZ SA545840000, NE NE 20070698
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale
$3,391,000
7 days on market
Updated 7 days ago

FREDDY’S – (University Location) - NACOGDOCHES, TX

Details
Property Type Retail
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 3,148
Cap Rate 5.75%
NOI $195,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 10/31/2043
Rent Bumps Yes
Lease Options Four 5-Year Renewal Options
Year Built 2023
Acreage 2.170
Zoning C
Investment Type Net Lease
Lease Commencement 10/03/2023
Ground Lease No
Ownership Fee Simple

Retail | 5.75% CAP | 3,148 SqFt

Marketing description

Freddy’s has 18 Years Remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with four 5-year options to renew. The Tenant, Ram-Z Custard, LLC is an experienced multi-concept owner/ operator with 42 Freddy’s restaurants (including those currently under construction) making it the 6th largest Freddy’s franchisee in the U.S., and 34 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country and 7 Popeyes locations in Alabama (83 TOTAL UNIT GUARANTY). **All units back the performance of the lease!**

It is Constructed to Freddy’s latest prototype - opened in October 2023. Located in dominant retail corridor less than one mile from main entrance into Stephen F. Austin University!

The Asset is Situated on a large ±2.17-acre lot (across the street from AMC Theatre Anchored Retail Center) with excellent drive-by visibility/access on North St where traffic counts exceeding 24,890 CPD! Nearby retailers include Walmart, Lowe’s Home Improvement, Hobby Lobby, Ashley, Ivan Smith Furniture, Atwoods Ranch & Home, Ollie’s Bargain Outlet, Dirt Cheap, Aaron’s, Buddy’s Home Furnishings, Kroger, Brookshire Brothers, Staples, Sally Beauty, Petsense, Maurices, Belk, Cato, CitiTrends, Boot Barn, Hibbett Sports, Dollar General, Dollar Tree, Family Dollar, Tractor Supply Co., Harbor Freight Tools, Walgreens, AutoZone, O’Reilly Auto Parts, Planet Fitness, Anytime Fitness, and AMC Theatres. Freddy’s is 1 mile from Stephen F. Austin State University - a public university offering 120+ majors & areas of study with total enrollment of research university with 11,327 (Fall 2022); 1 mile from Nacogdoches Medical Center - a general medical & surgical hospital with 153 beds; 2 miles from Nacogdoches Memorial Health Hospital - a teaching, general medical & surgical hospital with 216 beds.

Investment highlights

  • ABSOLUTE NNN LEASE: Freddy’s has 18 Years Remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with four 5-year options to renew.
  • OPERATOR | TENANT - Ram-Z Custard, LLC is an experienced multi-concept owner/ operator with 42 Freddy’s restaurants (including those currently under construction) making it the 6th largest Freddy’s franchisee in the U.S., and 34 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country and 7 Popeyes locations in Alabama (83 TOTAL UNIT GUARANTY). **All units back the performance of the lease!**
  • BRAND NEW CONSTRUCTION: Constructed to Freddy’s latest prototype - opened in October 2023. Located in dominant retail corridor less than one mile from main entrance into Stephen F. Austin University!
  • HIGH TRAFFIC COUNTS/VISIBILITY - Situated on a large ±2.17-acre lot (across the street from AMC Theatre Anchored Retail Center) with excellent drive-by visibility/access on North St where traffic counts exceeding 24,890 CPD!
  • 2025 VERY AFFLUENT Demographics: 2025 Population: 37,098 & 2025 Average Household Income: $74,593

Listing Contacts

JZ
AZ SA545840000, NE NE 20070698
Commercial Investment Advisors (CIA) Scottsdale
Listed by Commercial Investment Advisors (CIA) Scottsdale

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$195,000.00
$16,250.00/mo

Valuation Metrics

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DSCR
5.75%
Cap Rate
5.75%
ROI

Map

Zoning

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B-2 CommercialGeneral CommercialGeneral Business District
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Last updated May 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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