Absolute NNN Lease - Backed by Freddy's 5511 Tree Top Ln 2,852 SF Retail Building Bismarck, ND 58503 $2,700,000 ($946.70/SF) 5.97% Cap Rate

Aspen Group LLP is pleased to offer, to qualified investors, the opportunity to purchase a true passive Absolute NNN Lease – Backed by Freddy’s Frozen Custard & Steakburgers franchisee. The site is located at 5511 Tree Top Lane in Bismarck, North Dakota.
The subject property is a 1-story, 2,852 SF building that sits on a 38,640 SF lot. This property is ideally situated in Bismarck's fasted growing areas.
- 10 Year Lease Term
- CAP: 5.97%
- NOI: $161,280.00
- New Construction
- Absolute NNN Lease – True Passive Investment
- Top QSR Operator – Operated by a Freddy’s Frozen Custard & Steakburgers franchisee.
- Investment Package available to qualified investors with a signed NDA.
- Strong Demographics – Over 73,000 people live within a five-mile radius
- High Visibility Location – 38,045 Average VPD
- Proximity to Major Retailers – Less than a mile from Costco, Walmart, Fleet Farm, Tractor Supply, Ross Dress for Less, Sierra, Homegoods, Ulta, Panda Express, IHOP, Culvers, Ace Hardware, Wingate by Wyndham, Candlewood Suites, Pancheros, Verizon, AT&T, and T-Mobile
- Surrounded by Community Anchors – Close to schools, retail centers, and neighborhood amenities driving consistent daily traffic
- This property has exceptional exposure along Highway 83 with high vehicle traffic, and full North/South lighted access to Highway 83, and West access to high density/high growth North Bismarck neighborhoods.
- Highway 83 is a principal arterial roadway through the city with average traffic counts of 38,045.