Century Partners is pleased to present the opportunity to acquire a single-tenant Freddy’s Frozen Custard & Steakburgers drive-thru restaurant located in Littleton, Colorado (Denver Metro).
The property is offered as a 20-year absolute net sale-leaseback to ERC Hospitality, an established 33-unit Freddy’s operator, which has a 17-unit guaranty on the lease. The lease features 10% rent increases every 5 years as well as (4) 5-year options to renew, providing stability and rent growth.
The high-quality site is located outparcel to Riverside Downs shopping center, which features tenancy from other top-quality users including VCA Animal Hospital, Amazon One Medical, Starbucks, and more.
Belleview Ave (34,000 VPD) provides direct access from the property to US Highway 85, which carries 62,000 VPD.
Freddy’s Frozen Custard & Steakburgers is a popular and high-growth QSR brand, with a significant presence of over 550 locations across 36 states.