FREDDY’S FROZEN CUSTARD & STEAKBURGERS
Brand New 20-year NNN Sale-Leaseback
- Brand New 20-year NNN Sale-Leaseback | Zero Landlord Responsibilities with 10% rental increases every five years and Six (6), five (5) year option periods.
- Fast Growing Tenant | has approximately 512 locations and ranked the #8 as the Fastest Growing Chains in the U.S.
- Strong Experienced Guarantor | The franchisee, Salim Development, LLC, operates more than 22 locations and multiple concepts, with plans for additional growth and personal guarantee
- Strong Sales Projections | Sales Projections are over $3M annually based on similar stores
- High Profile Location | Located at the heart of heavily trafficked Hamner Avenue (37,000+ VPD)
- Strong Demographics | 290,000 residents within a 5 mile radius
- Affluent Neighborhood | Average median income of $109,000 Within a 1 Mile Radius