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Investment Highlights

  • BRAND NEW 20YEAR ABSOLUTE NNN LEASE: Brand new 20year Absolute NNN lease with attractive 7.50% rental escalations every 5 years
  • BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with an impressive 12-car stack in drive-thru - opened November 2025
  • 2025 DEMOGRAPHICS: Total Population (5MI): 24,772 | Average Household Income (1MI): $82,348
  • TENANT: Ram-Z Custard, LLC is an experienced multi concept owner/ operator with 42 Freddy’s restaurants
  • DENSE REAIL CORRIDOR | RETAIL CORRIDOR: Located in a dominant retail area, adjacent to a Tractor Supply Co./Walls/ Ollie Bargain Outlet Shopping Cen

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$3,562,752 CAD
Price Per SF
$1,425.10 CAD
Cap Rate
6.25%
NOI
$222,672 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.98 AC
Zoning
C - Commercial
Frontage
213’ on J A Richardson Loop

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Nov 2045

Freddy grandit dans une ferme près de Colwich, au Kansas, juste à l'extérieur de Wichita. Après avoir terminé ses études secondaires, Freddy s'est enrôlé dans l'armée américaine et a servi dans la région du Pacifique pendant la Seconde Guerre mondiale. Autoproclamé « homme ordinaire », il a reçu le Purple Heart pour les blessures subies pendant son service, ainsi qu'une étoile de bronze pour bravoure. Freddy retourne ensuite au Kansas, fonde une famille, travaille fort dans l'industrie hôtelière pendant 56 ans et élève six enfants avec sa femme, Norma Jean. Les valeurs familiales et le service patriotique de Freddy envers son pays sont à la base de Freddy's Frozen Custard et de Steakburgers®, et ces valeurs nous ont incités à tout faire The Freddy's Way.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - Nov 2045
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Mazzio's
RibCrib
Chili's Grill & Bar
Santa Fe Cattle Co.
7 Brew Coffee
Starbucks
Applebee's
Boomarang Diner
CrossFit
Simmons Bank

Property Taxes

Property Taxes

Parcel Number
0525-27-004-006-0-013-00
Land Assessment
$73,099 CAD
Improvements Assessment
$0 CAD
Total Assessment
$73,099 CAD
  • Listing ID: 40021399

  • Date on Market: 2026-04-03

  • Last Updated:

  • Address: 1000 Lonnie Abbott Blvd, Ada, OK 74820

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