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| Price $2,769,000 | Built/Renov 2024 | Tenant Freddy's Frozen Custard & Steakburgers |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,357
| Lease Start
03-01-2024
| #Units
15
|
| Price/SF $1,174.80 | Expiration
02-28-2039
| Tenant Type Fast Casual/Rest. |
| NOI $166,169 | R. Term 14.3 | Ownership Fee Simple |
| Rent/SF
$70.50
| Increases 8.0%/5/yrs | Pop 5Mi 19,195 |
| Lot/AC 0.68 | Options 3/5yrs/8% | AHHI 5Mi $59,590 |
| | |
Freddy's Frozen Custard & Steakburgers is strategically located on S Main Street, with access to 14,500 vehicles passing by daily. The property's proximity to I-74, approximately 1/3 mile away, provides additional access to 20,500 vehicles. Furthermore, the property boasts two points of ingress & egress, enhancing accessibility for customers. It is conveniently located 1.25 miles from Downtown...
...New construction
New prototype
Dense retail corridor
Near major nationals
Strategically located
Freeway close
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 : | 4,058 | 13,786 | 18,779 |
| 2023 Total Population : | 4,166 | 14,122 | 19,195 |
| 2023 Employed Civilian Pop : | 1,342 | 4,942 | 7,064 |
| 2023 Total Businesses : | 385 | 761 | 859 |
| 2023 Average Household Income : | $ 45,300 | $ 58,457 | $ 59,590 |
| 2023 Total Consumer Spending : | $ 75 M | $ 299 M | $ 413 M |
| 2023 Median Age : | 40 | 40 | 41 |
| 2023 Total Households : | 1,852 | 5,803 | 7,845 |
| 2023 Pop Age 25+: Bachelor's Degree : | 270 | 1,084 | 1,643 |
| 2023 Average Home Value : | $ 125,388 | $ 142,932 | $ 144,128 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Biggs Street | Ivy St | 2021 | 1,124 | 0.12 mi |
| Atkinson Street | Shopping Center Access Rd | 2021 | 2,660 | 0.12 mi |
| S Main St | Crepe Myrtle Ave | 2004 | 11,000 | 0.21 mi |
| Johns Road | S Pine St | 2021 | 2,963 | 0.24 mi |
| South Main Street | 2019 | 9,800 | 0.28 mi | |
| South Main Street | Plz Rd | 2021 | 14,605 | 0.29 mi |
| South Main Street | Crepe Myrtle Ave | 2021 | 10,434 | 0.31 mi |
| Johns Road | Elm St | 2021 | 2,673 | 0.32 mi |
| Johns Road | 2019 | 2,800 | 0.33 mi | |
| US Hwy 74 Byp | Johns Rd | 2004 | 17,000 | 0.34 mi |
Evergreen Park, IL
Cap Rate 5.90%
Lease NN+
R. Term 14.10 yrs
Size/SF 2,400
Taylorville, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.60 yrs
Size/SF 1,576
Northfield, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 5,555
Little Rock, AR
Cap Rate 6.00%
Lease Abs NNN
R. Term 10.20 yrs
Size/SF 2,456
Barstow, CA
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,500
Russellville, AR
Cap Rate 6.15%
Lease Abs NNN
R. Term 10.70 yrs
Size/SF 2,600
Corona, CA
Cap Rate 5.00%
Lease NN+
R. Term 7.40 yrs
Size/SF 2,533
Reading, PA
Cap Rate 5.50%
Lease NN+
R. Term 15.20 yrs
Size/SF 3,150
Dickson, TN
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.30 yrs
Size/SF 1,225
Clermont, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 4,618
Butte, MT
Cap Rate 7.00%
Lease Abs NNN
R. Term 17.00 yrs
Size/SF 3,400
Sevierville, TN
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.00 yrs
Size/SF 4,995
Jeffersonville, IN
Cap Rate 5.00%
Lease NN+
R. Term 14.80 yrs
Size/SF 2,325
Grapevine, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 2,389
Appleton, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 3,042
Mercerville, NJ
Cap Rate 5.00%
Lease NN+
R. Term 14.80 yrs
Size/SF 2,325
Middleburg Heights, OH
Cap Rate 5.75%
Lease NN+
R. Term 14.70 yrs
Size/SF 3,429
Toms River, NJ
Cap Rate 5.00%
Lease NN+
R. Term 14.10 yrs
Size/SF 2,325
Lubbock, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,000
Orlando, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 2,520
Owasso, OK
Cap Rate 6.75%
Lease Abs NNN
R. Term 9.50 yrs
Size/SF 2,200
Key West, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 13.00 yrs
Size/SF 1,690
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
