Restaurant
Andy's Frozen Custard (193+ Locations) | New Corp. 20-Yr. Absolute NNN | 1.75% Annual Increases
1237 Mathias Dr, Springdale (Fayetteville MSA), AR 72762
Listing Price: $3,167,000
Cap Rate
6.00%
Tenant Name
Andy's Frozen Custard
Years Remaining On Lease
19.4
Guarantor
Corporate Guarantee
Rentable SF
1,636
Lease Type
Absolute Net
Rent Per Square Feet
$116.14
Investment Overview
Marcus & Millichap is pleased to present the Andy's Frozen Custard in Springdale, AR.
Andy's Frozen Custard (193+ Locations) | New Corp. 20-Yr. Absolute NNN | 1.75% Annual Increases
Investment Highlights
- New 20-Year Absolute NNN Sale-Leaseback with 1.75% Annual Increases
- Corporate Guaranty with 193+ Locations Across 15 States, Strong Financials
- Upward Trending Unit-Level Sales with Year-Over-Year Growth and Profitable Store
- Ranked #254 on Franchise Times Top 400 with a 30.7% Increase in Sales
- Serving Over 100,000 Residents in One of the Fastest-Growing Regions in the U.S
- Average Household Incomes Exceed $105,000 in 1 Mile and $94,700 in 3 Miles
- Outparcel to High-Performing Sam's Club and Situated in Springdale's Primary Retail Corridor
- Directly Across from The Crossings, a 500-Acre Class-A Master-Planned Mixed-Use Development
Exclusively Listed By
Broker of Record
Restaurant
Andy's Frozen Custard (193+ Locations) | New Corp. 20-Yr. Absolute NNN | 1.75% Annual Increases
Listing Price: $3,167,000
Cap Rate
6.00%
Tenant Name
Andy's Frozen Custard
Years Remaining On Lease
19.4
Guarantor
Corporate Guarantee
Rentable SF
1,636
Lease Type
Absolute Net
Rent Per Square Feet
$116.14
Investment Highlights
- New 20-Year Absolute NNN Sale-Leaseback with 1.75% Annual Increases
- Corporate Guaranty with 193+ Locations Across 15 States, Strong Financials
- Upward Trending Unit-Level Sales with Year-Over-Year Growth and Profitable Store
- Ranked #254 on Franchise Times Top 400 with a 30.7% Increase in Sales
- Serving Over 100,000 Residents in One of the Fastest-Growing Regions in the U.S
- Average Household Incomes Exceed $105,000 in 1 Mile and $94,700 in 3 Miles
- Outparcel to High-Performing Sam's Club and Situated in Springdale's Primary Retail Corridor
- Directly Across from The Crossings, a 500-Acre Class-A Master-Planned Mixed-Use Development
Investment Overview
Marcus & Millichap is pleased to present the Andy's Frozen Custard in Springdale, AR.
Exclusively Listed By
Broker of Record
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