| Price $3,520,000 | Built/Renov 2023 | Tenant Andy's Frozen Custard |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,090
| Lease Start
12-06-2023
| #Units
149
|
| Price/SF $1,684.21 | Expiration
12-31-2038
| Tenant Type Fast Food/QSR |
| NOI $220,000 | R. Term 14.7 | Ownership Fee Simple |
| Rent/SF
$105.26
| Increases 8.0%/10/yrs | Pop 5Mi 107,391 |
| Lot/AC 1.13 | Options 3/5yrs/8% | AHHI 5Mi $152,558 |
| | |
The 2,090 square-foot, newly constructed building benefits from its position along East Main Street which is the primary thoroughfare for Saint Charles and experiences over 37,250 vehicles per day. Andy’s Frozen Custard is also located on an outparcel in Foxfield Commons, a shopping center anchored by Goodwill and Urban Air Trampoline Park. East Main Street is part of the dense retail corridor...
...New construction
Signalized intersection
Dense retail corridor
Shopping Ctr out-parcel
Top 100 MSA
Strong demographics
Brand new lease
Absolute NNN
Long 10+ yr lease
Corporate Guarantee
Andy's Frozen Custard is the largest frozen custard-only chain in the United States. Andy's exclusively sells frozen custard treats in various flavors, from simple vanilla or chocolate...
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E Main St | Fieldgate Dr | 2009 | 37,100 | 0.06 mi |
| E Main St | Lakeside Dr | 2014 | 37,251 | 0.09 mi |
| E Main St | Fieldgate Dr | 2013 | 27,000 | 0.18 mi |
| 77 | E Main St | 2014 | 24,400 | 0.21 mi |
| 77 | Foxfield Dr | 2014 | 19,000 | 0.24 mi |
| Foxfield Rd | Ctyard Dr | 2014 | 6,750 | 0.25 mi |
| Foxfield Rd | Dunham Rd | 2014 | 6,750 | 0.25 mi |
| E Main St | Industrial Dr | 2007 | 36,300 | 0.29 mi |
| Dunham Rd | Foxfield Rd | 2014 | 3,700 | 0.32 mi |
| Foxfield Road | Foxfield Rd | 2018 | 5,400 | 0.33 mi |
Grass Valley, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 2,815
Redding, CA
Cap Rate 5.35%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 3,520
Chandler, AZ
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 1,500
Laredo, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.70 yrs
Size/SF 2,565
Edmond, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 2,271
Memphis, TN
Cap Rate 6.00%
Lease Abs NNN
R. Term 11.80 yrs
Size/SF 6,124
Chandler, AZ
Cap Rate 5.37%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 2,971
Frisco, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.30 yrs
Size/SF 1,925
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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