2602 West Pecan Street - Fast Food FOR SALE


Pflugerville, TX 78660
$2,079,000 USD
954-703-3602
2602 West Pecan Street, Pflugerville, TX for Sale
$2,079,000 USD
Fast Food - FOR SALE
1/10
null | 6% Cap Rate

2602 West Pecan Street
Pflugerville, TX 78660


HIGHLIGHTS

  • Franchisee Guaranteed Ground Lease | Options To Extend | Scheduled Increases | Well Known & Established Brand
  • Absolute NNN Ground Lease Structure | Leased Fee Ownership | Zero Landlord Responsibilities
  • Located Within a Dense Retail Corridor | Outparcel to Popular Strip Center
  • Freddy’s Recently Acquired by Rhône | Growing Franchisee Program
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Freddy’s has been operating at this location since 2009, demonstrating long-term tenant stability • 5 years remaining with 3 (5-year) option periods to extend • Freddy’s Frozen Custard & Steakburgers is a leading fast-casual franchise concept with more than 500 locations across 36 states

FOR SALE DETAILS

PRICE

$2,079,000 USD

PRICE/SF

$633 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Freddy's Frozen Custard - Austin TX MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,418 SF

ZONING

-

APN/PARCEL ID

02742804090000

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.