Freddy's Frozen Custard & Steakburgers
Brownwood,
TX
PROPERTY INFORMATION
PRICE SUMMARY
$ 2833335
CAP RATE
6 %
NOI
$ 170000
TOTAL LOT SIZE
0.6 Acres
BUILDING SIZE
2404 SF
PROPERTY HIGHLIGHTS
- New Development Freddy's Frozen Custard & Steakburgers
- 20-Year Absolute NNN Lease With Zero Landlord Responsibilities
- 7.5% Rental Increase Every 5 Years That Occurs Throughout Current Term and Options
- $10,000/Year Billboard Rent Included in Addition to Freddy’s Rent
- Outparcel to Walmart Supercenter and Situated Around National Retailers, Apartments, and Schools Generating Additional Traffic to the Area
- 24,000+ 5 Mile Population – Surrounded by Residential Properties With Strong Built-In Customer Base
- Located Along US Hwy 67 Generating 18,700 Vehicles Passing in Front of Subject Property per day
- Strong Franchise Guaranty by Ram-Z Restaurant Group, With all 70+ Units Backing the Lease
Freddy's Frozen Custard & Steakburgers
|
305 W Commerce St,
Brownwood,
TX
76801
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POINT OF CONTACT
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