Freddy's Beaumont, Tx
$3,334,000
4490 Crow Road, Beaumont, TX 77706
6.25
Cap Rate
208,400
NOI
Details:
Highlights:
- BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years with four 5-year options to renew
- TENANT | PERSONAL GUARANTORS: AOM, LLC currently owns & operates 5 Freddy’s locations. The lease is further backed by both operator’s Personal Guarantees.
- BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with a 6-car stack in drive-thru - slated to open October 2025
- DENSE RETAIL CORRIDOR: Across the street from Parkdale Mall, blocks away from Walmart, Target, Hobby Lobby, Home Depot, Lowe’s, etc.
- TRAFFIC COUNTS: Well-positioned on a ±0.812-acre lot at the southeast corner of Crow Rd & Odom Rd with traffic counts of 7,757 CPD - Conveniently located just south of Dowlen Rd offering additional exposure to 21,390 CPD!
- 2025 DEMOGRAPHICS: Total Population (5MI): 89,055 | Average Household Income (1MI): $110,712
Description:
Freddy’s has a Brand new 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years with four 5-year options to renew. The Tenant, AOM, LLC currently owns & operates 5 Freddy’s locations. The lease is further backed by both operator’s Personal Guarantees. It is a New, build-to-suit of Freddy’s latest prototype with a 6-car stack in drive-thru - slated to open October 2025. Freddy’s is Across the street from Parkdale Mall, blocks away from Walmart, Target, Hobby Lobby, Home Depot, and Lowe’s.
The Asset is Well-positioned on a ±0.812-acre lot at the southeast corner of Crow Rd & Odom Rd with traffic counts of 7,757 CPD - Conveniently located just south of Dowlen Rd offering additional exposure to 21,390 CPD! It is Across the street from Parkdale Mall - a regional, enclosed mall anchored by Dick’s Sporting Goods, HomeGoods & Five Below; nearby retailers include Walmart, Target, Home Depot, Lowe’s, Hobby Lobby, Ross Dress for Less, Burlington, Academy Sports + Outdoors, Boot Barn, Shoe Carnival, Michaels, Petco, PetSmart, Kroger, H-E-B Plus, Spec’s Wine, Tractor Supply Co., Harbor Freight, Northern Tool & Equipment, Daiso, Planet Fitness, and Crunch Fitness. Freddy’s is 9 miles from Lamar University - a public university offering more than 100 programs of study leading to bachelor’s, master’s & doctoral degrees serving 17,898 students; 4 miles from CHRISTUS Southeast Texas - St. Elizabeth - a 431-bed acute care and trauma center, and is a regional leader in spine and orthopedics, cardiology, oncology, general surgery, critical care & trauma; 5.5 miles from Baptist Hospitals of Southeast Texas - a 483-bed, faith-based healthcare system providing care to Beaumont & other regional communities.
Documents:
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freddys.beaumont_PKG.pdf
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