3812 Teasley ln - Fast Food FOR SALE
Denton, TX 76210 |
$3,391,000 USD
480-718-5555
3812 Teasley ln
Denton, TX 76210
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 74 locations which include 39 Freddy’s restaurants (including those currently under construction)
- 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 a 14-car stack in drive-thru - slated to open July 2025
- TRAFFIC COUNTS | HARD CORNER: Located at the southwest hard corner of Teasley Ln & Hunters Creek Rd, this property sits on a large ±1.85-acre lot
- 2024 AFFLUENT DEMOGRAPHICS: Total Population (5MI): 159,528 | Average Household Income (1MI): $147,598
FOR SALE DETAILS
PRICE
$3,391,000 USD
PRICE/SF
$1,115 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
-
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FREDDY’S (20 YR. ABSOLUTE NNN) – DENTON, TX
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
1.85 AC
LAND SF
80,586 SF
ZONING
C
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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480-718-5555
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Please correct the highlighted field(s).
480-718-5555
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