Listed by Blue West Capital
$3,000,000
Freddy's Frozen Custard & Steakburgers
Details
APN 96264-07-001
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,367
Cap Rate 5.50%
NOI $165,000
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $891
Year Built 2014
Acreage 1.010
Zoning PUC
Parking Spaces 50 spaces
Parking per 1,000 SqFt 14.85
Investment Type Net Lease
Ownership Fee Simple
Retail | 5.50% CAP | 3,367 SqFt
Marketing description
Blue West Capital is pleased to present the opportunity to acquire a Freddy’s Frozen Custard & Steakburgers (Freddy’s) at 155 W 64th Street in Loveland, Colorado. The property is secured by a brand-new 20-year NNN lease featuring 10% rent increases every five years and four 5-year renewal options.
The 3,367-square-foot building sits on a 1.01-acre parcel and has operated as a Freddy’s since its construction in 2014. Positioned on a signalized Walmart Supercenter outparcel along US-287, the asset offers passive ownership with 20 years of contractual income growth.
Investment highlights
- Brand new 20-year lease with 10% rent increases every five years
- Four 5-year renewal options
- Signalized hard-corner Walmart Supercenter outparcel on US-287 (27,823 VPD)
- Dual-lane drive-thru designed to accommodate high-volume traffic
- Walmart Supercenter anchor drives 2.1+ million shoppers per year
- 27,823 VPD on Garfield Avenue (US-287) at the signalized corner of W 64th Street
- 108,000+ residents within five miles and average household incomes exceeding $115,000
- Population projected to grow 2.8%+ through 2030
Listing Contacts
Listed by Blue West Capital
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,000.00
$13,750.00/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
RAC/P-65 PlannedRegional Activity Center And Wintergreen First Addition Planned Unit Development
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View all 2 uses
View all 2 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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