1020 Ogden Ave - Restaurant FOR SALE
Montgomery, IL 60538 |
1020 Ogden Ave
Montgomery, IL 60538
HIGHLIGHTS
- Absolute NNN Lease – Brand New Development – 20 Year Sale-Leaseback - Zero Landlord Responsibilities
- Strong, Experienced Operator/Guarantor - M&M Custard, LLC - 40 Operating Locations across 6 States with 2 More Opening Soon
- 2nd Largest Franchisee in the U.S. – Dense Suburb of Chicago - One of the Fastest Growing Cities in IL
- Freddy’s – American Favorite Brand – 500+ Stores in 35 States with International Expansion Plans
- Inflation Hedge – Substantial 10% Rental Increases Every 5 Years and Throughout All Options
- High Profile Location – Busy Signalized Intersection – Positioned Right on Hard Corner – Retail Corridor
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Freddy's Frozen Custard & Steakburgers
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
3150
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
03-02-205-004
