916 N End Blvd - Fast Food FOR SALE
Marshall, TX 75670 |
$3,217,000 USD
214-643-6097
916 N End Blvd
Marshall, TX 75670
HIGHLIGHTS
- Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
- TENANT: Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee
- BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with a 10-car stack in drive-thru - slated to open February 2025
- DOMINANT RETAIL CORRIDOR: Conveniently located on a pad site to a Lowe’s (across from Walmart - Top 33rd percentile store nationally per Placer.ai)
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a ±0.82-acre lot with great visibility/access on E End Blvd N
- 2024 VERY AFFLUENT DEMOGRAPHICS: Population: 27,495 & Average Household Income: $89,031
FOR SALE DETAILS
PRICE
$3,217,000 USD
PRICE/SF
$1,149 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FREDDY'S (69 UNIT GUARANTY) - MARSHALL, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.82 AC
LAND SF
35,719 SF
ZONING
C
APN/PARCEL ID
R000022954
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214-643-6097
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214-643-6097
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