1000 Lonnie Abbott Blvd - Fast Food FOR SALE
Ada, OK 74820 |
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
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CAP RATE
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% LEASED
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TENANCY
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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
2500
STORIES
1
YEAR BUILT
2025
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0525-27-004-006-0-013-00
