901 N Interstate 35 - Fast Food FOR SALE
Gainesville, TX 76240 |
901 N Interstate 35
Gainesville, TX 76240
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Ram-Z Custard, LLC Owns & Operates 8 Freddy’s Locations in Texas & Oklahoma.
- Tenant is Opening 5 New Freddy’s in 2023 & Plans to Open 5 to 10 Freddy’s Per Year in 2024-2027!
- Operator is also the Largest Schlotzsky’s Operator in the U.S. with 27 Locations in 4 States
- Situated on a Large ±1.15-Acre Lot with Excellent Visibility/Access on I-35 where Traffic Counts Exceed 47,760 CPD!
- Total Population: 21,351 | Average Household Income: $70,190
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 FROZEN CUSTARD - GAINESVILLE, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
3054
STORIES
1
YEAR BUILT
2022
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
320138
