
FREDDY’S FROZEN CUSTARD (AFFLUENT DEMOS) – BENTONVILLE, AR
Retail | 6.00% CAP | 2,500 SqFt
Marketing description
Freddy’s has a Brand new 20-year Absolute NNN lease with attractive 7.50% 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 43 Freddy’s restaurants (including those currently under construction), making it the 6th largest Freddy’s franchisee in the U.S.! The lease is further guaranteed by Ram-Z Restaurant Group that includes 34 Schlotzsky’s locations, making it the largest Schlotzsky’s franchisee in the country and 7 Popeyes locations in Alabama. (84 TOTAL UNIT GUARANTY). It is a New, build-to-suit construction of Freddy’s newest prototype with an impressive 12-car stack drive-thru - opened April 2026.
The Asset is Situated on a large ±1.48-acre lot with excellent visibility/access on SW 14th St (main East/West thoroughfare) with traffic counts of 31,928 CPD - 3 miles from Walmart Home Office Campus! Major retailers in Bentonville (the birthplace of Walmart) include Walmart, Sam’s Club, Tractor Supply, ALDI, AutoZone, O’Reilly Auto Parts, NAPA Auto Parts, Walgreens, Goodwill, Planet Fitness, Skylight Cinema, etc.; Neighboring Rogers has retailers such as Bass Pro Shops, Target, Kohl’s, Burlington, Lowe’s, Home Depot, Best Buy, At Home, Ashley HomeStore, Marshalls, HomeGoods, T.J. Maxx, Ross Dress for Less, Belk, Bealls, Shoe Carnival, Barnes & Noble, Office Depot, Harbor Freight, and Malco Cinema. Freddy’s is 4.5 miles from Northwest Arkansas Community College - a public community college offering over 70 associate degree & certificate programs serving 8,309 students (Fall 2025). The NEW Walmart Home Office is considered a big deal economically because it does not just create jobs, it reshapes an entire regional economy. The 350-acre campus is expected to house over 15,000 corporate employees, many in high-salary roles (tech finance, supply chain). Housing demand has surged due to incoming workers & companies, million-dollar homes have exploded in number - the real estate appreciation is one of the clearest signs of economic impact. Being 3 miles away positions Freddy’s to capture quick business lunches, team outings & casual meetings and grab-and-go orders.
Investment highlights
- BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
- TENANT: Ram-Z Custard, LLC is an experienced multi-concept owner/operator with 43 Freddy’s restaurants (including those currently under construction), making it the 6th largest Freddy’s franchisee in the U.S.! The lease is further guaranteed by Ram-Z Restaurant Group that includes 34 Schlotzsky’s locations, making it the largest Schlotzsky’s franchisee in the country and 7 Popeyes locations in Alabama. (84 TOTAL UNIT GUARANTY). **All units back the performance of the lease!**
- BRAND NEW CONSTRUCTION: New, build-to-suit construction of Freddy’s newest prototype with an impressive 12-car stack drive-thru - opened April 2026
- TRAFFIC COUNTS | NEAR WALMART HEADQUARTERS: Situated on a large ±1.48-acre lot with excellent visibility/access on SW 14th St (main East/West thoroughfare) with traffic counts of 31,928 CPD - 3 miles from Walmart Home Office Campus!
- EXTREMELY AFFLUENT 2026 DEMOGRAPHICS: Total Population (5MI): 99,679 | Average Household Income (1MI): $168,674
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