Restaurant
Freddy's Ground Lease | New Construction
590 Sam Ridley Pkwy W, Smyrna, TN 37167
Listing Price: $2,000,000
Investment Overview
FREDDY’S FROZEN CUSTARD & STEAKBURGERS • 400+ LOCATIONS IN 30+ STATES • $630+ MILLION COMPANYWIDE SALES IN 2020 • 8TH FASTEST GROWING U.S. CHAIN IN 2021 • SYSTEM-WIDE SALES GROWTH OF 17.8% IN 2021 • 50+ NEW LOCATIONS PLANNED FOR 2022 • EXPECTING TO DOUBLE ITS FOOTPRINT WITH 800 LOCATIONS BY 2026
Freddy's Ground Lease | New Construction
Investment Highlights
- BRAND NEW 2021 CONSTRUCTION
- 15-YEAR NNN GROUND LEASE | 14 YEARS REMAINING
- 10% RENTAL INCREASES EVERY 5 YEARS
- STRONG STORE SALES, HEALTHY RENT-TO-SALES RATIO | CONTACT AGENT
- PERSONAL GUARANTY FROM OPERATOR
- EXPLOSIVE AREA | 109,000+ 5-MILE POPULATION
- SAM RIDLEY PARKWAY LOCATION | 54,101 VPD
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $2,000,000
Investment Highlights
- BRAND NEW 2021 CONSTRUCTION
- 15-YEAR NNN GROUND LEASE | 14 YEARS REMAINING
- 10% RENTAL INCREASES EVERY 5 YEARS
- STRONG STORE SALES, HEALTHY RENT-TO-SALES RATIO | CONTACT AGENT
- PERSONAL GUARANTY FROM OPERATOR
- EXPLOSIVE AREA | 109,000+ 5-MILE POPULATION
- SAM RIDLEY PARKWAY LOCATION | 54,101 VPD
Investment Overview
FREDDY’S FROZEN CUSTARD & STEAKBURGERS • 400+ LOCATIONS IN 30+ STATES • $630+ MILLION COMPANYWIDE SALES IN 2020 • 8TH FASTEST GROWING U.S. CHAIN IN 2021 • SYSTEM-WIDE SALES GROWTH OF 17.8% IN 2021 • 50+ NEW LOCATIONS PLANNED FOR 2022 • EXPECTING TO DOUBLE ITS FOOTPRINT WITH 800 LOCATIONS BY 2026
Exclusively Listed By
Broker of Record
Financing By
