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2567 Commerce Pky
Barstow, CA 92311
Freddy's Frozen Custard & Steakburgers · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New Freddy’s Frozen Custard – 15 Year Lease
- Highly Successful Multi Unit Franchisee
- 10% Rental Increases Every 5 Years Including (4) Ten Year Option Periods
- 510 + Locations - #8 Fastest Growing Chain in the US
- Absolute NNN Lease - Zero Landlord Responsibility
EXECUTIVE SUMMARY
Colliers National Net Lease Group is pleased to present the opportunity to purchase a brand-new single tenant absolute net leased asset occupied by rapidly growing Freddy’s Frozen Custard with a new 15-year lease and 10% increases every 5 years. The subject property is a Sale-Leaseback operated by a highly seasoned multi-franchisee with over 22 locations. This property sits with prominent visibility along the heavily trafficked 15 Freeway South. With the new development of Starbucks amongst others and the last stop on the way to Vegas, this is an excellent opportunity to purchase a STNL QSR with favorable increases, high visibility location and zero landlord responsibility providing the definition of true long-term passive income.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
A
Year Built
2024
Price
$2,971,000
Price Per SF
$1,188.40
Cap Rate
5.25%
NOI
$156,060
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Parking
23 Spaces (9.2 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Signage
- Drive Thru
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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