1000 Lonnie Abbott Blvd - Fast Food FOR SALE
Ada, OK 74820 |
$2,960,000 USD
480-718-5555
1000 Lonnie Abbott Blvd
Ada, OK 74820
HIGHLIGHTS
- BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations
- TENANT: Ram-Z Custard, LLC owns & operates 76 locations which include 41 Freddy’s restaurants (including those currently under construction)
- The 6th largest Freddy’s franchisee in the U.S., and 35 Schlotzsky’s locations, making it the largest Schlotzsky’s franchisee in the country.
- BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with an impressive 12-car stack in drive-thru - slated to open November 2025
- DENSE REAIL CORRIDOR | RETAIL CORRIDOR: Located in dominant retail area, adjacent to a Tractor Supply Co./Walls/ Ollie Bargain Outlet Shopping Center
- 2025 DEMOGRAPHICS: Total Population (5MI): 24,772 | Average Household Income (1MI): $82,348
FOR SALE DETAILS
PRICE
$2,960,000 USD
PRICE/SF
$1,184 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FREDDY’S (20 Year Absolute NNN) – ADA, OK
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,689 SF
ZONING
C
APN/PARCEL ID
0525-27-004-006-0-013-00
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
480-718-5555
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
480-718-5555
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
