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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 14.2 | 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 |
Taylorville, IL
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Cap Rate 5.90%
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Jeffersonville, IN
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Size/SF 2,325
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
