1020 Ogden Ave | Montgomery, IL 60538
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- LoopNet Team
1020 Ogden Ave
Montgomery, IL 60538
Freddy's Frozen Custard & Steakburgers · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease – Brand New Development – 20 Year Sale-Leaseback - Zero Landlord Responsibilities
- 2nd Largest Franchisee in the U.S. – Dense Suburb of Chicago - One of the Fastest Growing Cities in IL
- Inflation Hedge – Substantial 10% Rental Increases Every 5 Years and Throughout All Options
- Strong, Experienced Operator/Guarantor - M&M Custard, LLC - 40 Operating Locations across 6 States with 2 More Opening Soon
- Freddy’s – American Favorite Brand – 500+ Stores in 35 States with International Expansion Plans
- High Profile Location – Busy Signalized Intersection – Positioned Right on Hard Corner – Retail Corridor
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,150 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.09 AC
Zoning
Commercial (NEC) - Commercial Improved
Parking
42 Spaces (13.33 Spaces per 1,000 SF Leased)
Frontage
183’ on U.S. 34
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 03-02-205-004 | Improvements Assessment | $285,978 |
| Land Assessment | $311,454 | Total Assessment | $597,432 |
PROPERTY TAXES
Parcel Number
03-02-205-004
Land Assessment
$311,454
Improvements Assessment
$285,978
Total Assessment
$597,432
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