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Freddy's Frozen Custard & Steakburger
Little Rock, AR 72211
Brand New NNN- PAD to Super Walmart · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Restaurant
- Signalized Intersection
ABOUT FREDDY'S FROZEN CUSTARD & STEAKBURGER , LITTLE ROCK, AR 72211
LARGEST OPERATOR IN THE U.S.! We are pleased to offer an absolute NNN fee simple investment that is 100% leased to Freddy's Frozen Custard & Steakburgers located near the entrance of a Walmart Supercenter and Sam's Club within a rapidly growing retail trade area. The brand new lease is slated to commence in July 2017, with a primary term of 15 years with 3-5 year options. There are 10% rental escalations every 5 years, including all option periods, providing investors with an effective inflation hedge throughout the lease. The newly constructed building will sit on approximately 29,185 square feet lot size with a drive thru. The building commands superior visibility from Chenal Parkway (one of the primary traffic corridors in the region) and is situated directly across from a Walmart Supercenter. The tenant - FFC Midwest, LLC - is a highly successful and proven operator of quick service stores across the country.
PROPERTY TAXES
| Parcel Number | 44L-062-13-000-03 | Improvements Assessment | $204,728 |
| Land Assessment | $260,901 | Total Assessment | $465,629 |
PROPERTY TAXES
