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Freddy's
Grand Junction, CO 81505
RARE 20 YR NNN Lease- Huge Tourism · Retail Property For Sale
PROPERTY FACTS
ABOUT FREDDY'S , GRAND JUNCTION, CO 81505
We are pleased to offer to qualified investors an absolute NNN investment that is 100% leased as a Freddy’s Frozen Custard & Steakburgers on a new 20 year lease. This lease includes an effective inflation hedge with 1.5% annual rental increases including 3 - 5 year options. Located on Highway 6 & 50 the subject property receives excellent exposure from the nearly 37,000 VPD that travel by the site and takes advantage of major surrounding anchor tenants (Walmart Supercenter, Lowe’s, Sprouts, Hobby Lobby, Ross Dress for Less, Michaels, Petco, Target, Cabela’s, REI, and more) that create a regional draw to this location. This is an excellent opportunity to acquire a new 2017 construction, single tenant drive-thru QSR tenant, named to Inc. Magazine’s “Fastest Growing Private Companies,” with 19 years remaining on the initial term, and zero landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 2945-094-27-001 | Improvements Assessment | $388,280 |
| Land Assessment | $96,260 | Total Assessment | $484,540 |
PROPERTY TAXES
