Restaurant
Andy's Frozen Custard
5328 McPherson Blvd, Fort Worth, TX 76123
Listing Price: $2,670,000
Cap Rate
5.50%
Tenant Name
Andy's Frozen Custard
Years Remaining On Lease
8.6
Guarantor
Corporate Guarantee
Rentable SF
2,000
Lease Type
Absolute Net
Rent Per Square Feet
$73.44
Investment Overview
See OM for details.
Investment Highlights
- LEASE • 9 years remaining on lease • Absolute NNN — ZERO landlord responsibilities • 8% rent bumps every 5 years • Strong corporate and personal guarantees
- LOCATION • Strategically located within Chisholm Trail Ranch, a 600+ acre master-planned community • Surrounded by tons of major retailers —Chick-fil-A, Raising Canes, Chili's, Cava, Dutch Bros, etc
- ANDY'S FROZEN CUSTARD • Strong national footprint with 170+ locations across 15 states • Largest frozen custard-only chain in the U.S.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
Listing Price: $2,670,000
Cap Rate
5.50%
Tenant Name
Andy's Frozen Custard
Years Remaining On Lease
8.6
Guarantor
Corporate Guarantee
Rentable SF
2,000
Lease Type
Absolute Net
Rent Per Square Feet
$73.44
Investment Highlights
- LEASE • 9 years remaining on lease • Absolute NNN — ZERO landlord responsibilities • 8% rent bumps every 5 years • Strong corporate and personal guarantees
- LOCATION • Strategically located within Chisholm Trail Ranch, a 600+ acre master-planned community • Surrounded by tons of major retailers —Chick-fil-A, Raising Canes, Chili's, Cava, Dutch Bros, etc
- ANDY'S FROZEN CUSTARD • Strong national footprint with 170+ locations across 15 states • Largest frozen custard-only chain in the U.S.
Investment Overview
See OM for details.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By