Freddy's Marshall, Tx

Highlights:

• Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
• TENANT: Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee in the U.S., and 35 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country (including those currently under construction). **All units back the performance of the lease!**
• BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with a 10-car stack in drive-thru - slated to open February 2025
• DOMINANT RETAIL CORRIDOR: Conveniently located on a pad site to a Lowe’s (across from Walmart - Top 33rd percentile store nationally per Placer.ai) in the main retail corridor of Marshall!
• HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a ±0.82-acre lot with great visibility/access on E End Blvd N (main north/south thoroughfare in Marshall) with traffic counts of 24,328 CPD!
• 2024 VERY AFFLUENT DEMOGRAPHICS: Population: 27,495 & Average Household Income: $89,031
• TEXAS IS AN INCOME TAX FREE STATE

Description:

Freddy’s has a Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew. The Tenant, Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee in the U.S., and 35 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country (including those currently under construction). It is a New, build-to-suit of Freddy’s latest prototype with a 10-car stack in drive-thru - slated to open February 2025.
The Asset is Conveniently located on a pad site to a Lowe’s (across from Walmart - Top 33rd percentile store nationally per Placer.ai) in the main retail corridor of Marshall! It is Positioned on a ±0.82-acre lot with great visibility/access on E End Blvd N (main north/south thoroughfare in Marshall) with traffic counts of 24,328 CPD! Pad site to Lowe’s Home Improvement - nearby retailers include Walmart, Hobby Lobby, Citi Trends, Bealls Outlet, Boot Barn, Big Lots, Ollie’s Outlet, Tractor Supply, Harbor Freight, Petsense, Kroger, Super 1 Foods, Cash Saver, Dollar Tree, Dollar General, Family Dollar, Factory Connection, Ivan Smith Furniture, Aaron’s, Rent-A-Center, Sherwin Williams, Walgreens, CVS, and Planet Fitness. It is 1.5 miles from East Texas Baptist University - a private Baptist university offering over 50 undergraduate programs with 1,813 students (Fall 2024); Less than 3 miles from Texas State Technical College Marshall - offering various programs & degrees serving 858 students; 2.5 miles from CHRISTUS Good Shepherd Medical Center - a 149-bed facility with an intensive care unit and a 24-hour Level III Trauma Center

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