Freddy’s – Nacogdoches, Tx

Highlights:

• 19 Years Remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with four 5-year options to renew.
• Ram-Z Custard, LLC owns & operates 67 locations which includes 33 Freddy’s restaurants, making it the 7th largest Freddy’s franchisee in the U.S., 34 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country (including those currently under construction)**All units back the performance of the lease!**
• Constructed to Freddy’s latest prototype - opened in October 2023. Located in dominant retail corridor less than one mile from main entrance into Stephen F. Austin University!
• Situated on a large ±2.17-acre lot (across the street from AMC Theatre Anchored Retail Center) with excellent drive-by visibility/access on North St where traffic counts exceeding 24,890 CPD!
• 2023 Demographics: 2023 Population: 36,196 & 2023 Average Household Income: $78,092

Description:

Freddy’s has 19 Years Remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with four 5-year options to renew. The Tenant, Ram-Z Custard, LLC owns & operates 67 locations which includes 33 Freddy’s restaurants, making it the 7th largest Freddy’s franchisee in the U.S., 34 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country (including those currently under construction)**All units back the performance of the lease!**
It is Constructed to Freddy’s latest prototype - opened in October 2023. Located in dominant retail corridor less than one mile from main entrance into Stephen F. Austin University!
The Asset is Situated on a large ±2.17-acre lot (across the street from AMC Theatre Anchored Retail Center) with excellent drive-by visibility/access on North St where traffic counts exceeding 24,890 CPD! Nearby retailers include Walmart, Lowe’s Home Improvement, Hobby Lobby, Ashley, Ivan Smith Furniture, Atwoods Ranch & Home, Ollie’s Bargain Outlet, Dirt Cheap, Aaron’s, Buddy’s Home Furnishings, Kroger, Brookshire Brothers, Staples, Sally Beauty, Petsense, Maurices, Belk, Cato, CitiTrends, Boot Barn, Hibbett Sports, Dollar General, Dollar Tree, Family Dollar, Tractor Supply Co., Harbor Freight Tools, Walgreens, AutoZone, O’Reilly Auto Parts, Planet Fitness, Anytime Fitness, and AMC Theatres. Freddy’s is 1 mile from Stephen F. Austin State University - a public university offering 120+ majors & areas of study with total enrollment of research university with 11,327 (Fall 2022); 1 mile from Nacogdoches Medical Center - a general medical & surgical hospital with 153 beds; 2 miles from Nacogdoches Memorial Health Hospital - a teaching, general medical & surgical hospital with 216 beds.

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