Restaurant
Andy's Frozen Custard
4307 Franklin Rd, Murfreesboro, TN 37128
Listing Price: $4,174,680
Investment Overview
Founded in 1986 in Osage Beach, Missouri, Andy's Frozen Custard is a quick-service frozen dessert brand. The company operates out of freestanding restaurants with drive-thru and walk-up service windows. Established in 2016, Falcon Custard is a franchisee that focuses on operating Andy's Frozen Custard in the Greater Nashville, TN Area. Including the subject property, Falcon Custard operate a total of four Andy's in Tennessee, with plans to open three more by 2024. Murfreesboro is a city in and the county seat of Rutherford County, Tennessee. Situated in the Nashville metropolitan area in a region known as Middle Tennessee, the city is home to an estimated 152,770 residents. The city is the largest suburb of Nashville and the sixth-largest city in the state. Since the 1990's, Murfreesboro has been Tennessee's fastest-growing major city and one of the fastest-growing cities in the country. It is home to Middle Tennessee State University, the largest undergraduate university in Tennessee.
Andy's Frozen Custard
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease
- 1.5 Percent Rental Increases Occurring Annually
- Four Unit Franchisee with Plans to Open Three More Locations by 2024
- Rapidly Growing Trade Area - Households Projected to Increase 29 Percent-Plus Within a One-Mile Radius by 2026
- 101,452 Residents Within a Five-Mile Radius - Nashville MSA
- Tennessee has no State Income Tax
- Excellent Visibility and Easy Access Along Franklin Road (17,000-Plus Cars/Day) with Direct Access to the Interstate 24 Freeway (Two Miles) and Downtown Murfreesboro (Five Miles)
- Adjacent to Market at Victory Village, Anchored by Publix Super Market
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $4,174,680
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease
- 1.5 Percent Rental Increases Occurring Annually
- Four Unit Franchisee with Plans to Open Three More Locations by 2024
- Rapidly Growing Trade Area - Households Projected to Increase 29 Percent-Plus Within a One-Mile Radius by 2026
- 101,452 Residents Within a Five-Mile Radius - Nashville MSA
- Tennessee has no State Income Tax
- Excellent Visibility and Easy Access Along Franklin Road (17,000-Plus Cars/Day) with Direct Access to the Interstate 24 Freeway (Two Miles) and Downtown Murfreesboro (Five Miles)
- Adjacent to Market at Victory Village, Anchored by Publix Super Market
Investment Overview
Founded in 1986 in Osage Beach, Missouri, Andy's Frozen Custard is a quick-service frozen dessert brand. The company operates out of freestanding restaurants with drive-thru and walk-up service windows. Established in 2016, Falcon Custard is a franchisee that focuses on operating Andy's Frozen Custard in the Greater Nashville, TN Area. Including the subject property, Falcon Custard operate a total of four Andy's in Tennessee, with plans to open three more by 2024. Murfreesboro is a city in and the county seat of Rutherford County, Tennessee. Situated in the Nashville metropolitan area in a region known as Middle Tennessee, the city is home to an estimated 152,770 residents. The city is the largest suburb of Nashville and the sixth-largest city in the state. Since the 1990's, Murfreesboro has been Tennessee's fastest-growing major city and one of the fastest-growing cities in the country. It is home to Middle Tennessee State University, the largest undergraduate university in Tennessee.
Exclusively Listed By
Broker of Record
Financing By
