901 N Interstate 35 | Gainesville, TX 76240
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901 N Interstate 35
Gainesville, TX 76240
FREDDY'S FROZEN CUSTARD - GAINESVILLE, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Tenant is Opening 5 New Freddy’s in 2023 & Plans to Open 5 to 10 Freddy’s Per Year in 2024-2027!
- Situated on a Large ±1.15-Acre Lot with Excellent Visibility/Access on I-35 where Traffic Counts Exceed 47,760 CPD!
- Ram-Z Custard, LLC Owns & Operates 8 Freddy’s Locations in Texas & Oklahoma.
- Operator is also the Largest Schlotzsky’s Operator in the U.S. with 27 Locations in 4 States
- Total Population: 21,351 | Average Household Income: $70,190
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,054 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.15 AC
Zoning
C
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 320138 | Improvements Assessment | $1,098,872 |
| Land Assessment | $601,128 | Total Assessment | $1,700,000 |
PROPERTY TAXES
Parcel Number
320138
Land Assessment
$601,128
Improvements Assessment
$1,098,872
Total Assessment
$1,700,000
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