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| Price $2,465,000 | Built/Renov 1986/2023 | Tenant Freddy's Frozen Custard & Steakburgers |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,027
| Lease Start
05-04-2023
| #Units
5
|
| Price/SF $814.34 | Expiration
05-31-2038
| Tenant Type Fast Casual/Rest. |
| NOI $147,900 | R. Term 13.5 | Ownership Fee Simple |
| Rent/SF
$48.86
| Increases 2.0%/1/yrs | Pop 5Mi 38,963 |
| Lot/AC 0.60 | Options 3/5yrs/2% | AHHI 5Mi $85,857 |
| | |
Freddy's Frozen Custard & Steakburgers is strategically located at the signalized, hard corner intersection of Sidney Baker Street/SH 16 and Schreiner Street, with access to a combined daily traffic count of 26,997 vehicles. The property is surrounded by well-known national tenants including Walgreens, McDonald’s, Dunkin', O’Reilly, Taco Bell, and more. Additionally, the property boasts...
...Signalized intersection
Recent renovation
Dense retail corridor
Near major nationals
Income tax free state
Brand new lease
Long 15+ yr lease
Absolute NNN
Personal guarantee
Freddy's Frozen Custard & Steakburgers is an award-winning, American fast-casual restaurant chain. Its menu includes steakburgers, Vienna Beef hot dogs, and chicken sandwiches. The chain also...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 7,076 | 27,483 | 35,691 |
| 2023 Total Population : | 7,012 | 26,858 | 34,957 |
| 2023 Employed Civilian Pop : | 3,359 | 11,367 | 14,724 |
| 2023 Total Businesses : | 1,029 | 1,768 | 2,079 |
| 2023 Average Household Income : | $ 68,673 | $ 81,859 | $ 85,376 |
| 2023 Total Consumer Spending : | $ 187 M | $ 803 M | $ 1101 M |
| 2023 Median Age : | 46 | 48 | 49 |
| 2023 Total Households : | 3,109 | 11,266 | 14,831 |
| 2023 Pop Age 25+: Bachelor's Degree : | 769 | 4,208 | 5,469 |
| 2023 Average Home Value : | $ 225,866 | $ 255,900 | $ 272,870 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Sidney Baker Street | Jefferson St | 2022 | 20,627 | 0.08 mi |
| Main Street | Fredericksburg Rd | 2022 | 13,769 | 0.20 mi |
| Main Street | Earl Garrett St | 2022 | 11,063 | 0.22 mi |
| Main St | Quinlan St | 2002 | 19,100 | 0.27 mi |
| Sidney Baker Street | Sidney Baker St S | 2022 | 20,501 | 0.33 mi |
| Main St | 2002 | 14,500 | 0.39 mi | |
| Wheless Ave | Washington St | 2002 | 590 | 0.42 mi |
| Sidney Baker Street | Wheless Ave | 2022 | 21,565 | 0.43 mi |
| FM 394 | W Water St | 2022 | 3,438 | 0.49 mi |
| Francisco Lemos Street | W Water St | 2020 | 3,574 | 0.49 mi |
San Antonio, TX
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Corona, CA
Cap Rate 5.00%
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Owasso, OK
Cap Rate 6.75%
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Appleton, WI
Cap Rate 6.00%
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Monroe, NC
Cap Rate 5.85%
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Orlando, FL
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Lake Jackson, TX
Cap Rate 6.00%
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Dixon, IL
Cap Rate 5.70%
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Size/SF 2,350
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
