Net Lease Freddy’s Property Profile and Cap Rates Date September 2, 2020
Net Lease Freddy’s – Typical Property and Lease Terms
| Price Range: | $1.5 mm - 3 mm |
| Cap Rate: | 6.00% |
| Net Income: | $140,000 |
| Price Per foot: | $600 PSF |
| Building Size: | 3,200 SF |
| Lot Size: | 1 Acre |
| Escalations: | 10% every 5 years |
| Lease Term: | 15 Years |
| Lease Type: | NNN |
| Credit Rating: | Franchisee |
Tenant Company Information:
Freddy’s Frozen Custard & Steakburgers is an American fast-casual restaurant chain based in Wichita, Kansas.[4] Its menu includes steakburgers, Vienna Beef hot dogs, and chicken sandwiches, and the company provides frozen custard with a variety of specialty sundaes and concretes (blended sundaes)
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