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FREDDY’S (20 YR. ABSOLUTE NNN) – DENTON, TX 3812 Teasley ln 3,040 SF Retail Building Denton, TX 76210 $2,870,000 ($944.08/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years
- 6th largest Freddy’s franchisee in the U.S., and 35 Schlotzsky’s locations
- TRAFFIC COUNTS | HARD CORNER: Located at the southwest hard corner of Teasley Ln & Hunters Creek Rd, this property sits on a large ±1.85-acre lot
- TENANT: Ram-Z Custard, LLC owns & operates 74 locations which include 39 Freddy’s restaurants
- BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with a 14-car stack in drive-thru - opened July 2025
- 2024 AFFLUENT DEMOGRAPHICS: Total Population (5MI): 159,528 | Average Household Income (1MI): $147,598
EXECUTIVE SUMMARY
(Building & Land) Fee Simple
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,040 SF
Building Class
B
Year Built
2025
Price
$2,870,000
Price Per SF
$944.08
Cap Rate
5.75%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.85 AC
Zoning
C
AMENITIES
- Restaurant
- Signage
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Freddy's
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Freddy's | Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R495372 | Improvements Assessment | $0 |
| Land Assessment | $100 | Total Assessment | $100 |
PROPERTY TAXES
Parcel Number
R495372
Land Assessment
$100
Improvements Assessment
$0
Total Assessment
$100
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
FREDDY’S (20 YR. ABSOLUTE NNN) – DENTON, TX | 3812 Teasley ln
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