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3720 North St
Nacogdoches, TX 75965
FREDDY’S - NACOGDOCHES, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freddy’s has 19 Years Remaining on initial 20-year Absolute NNN leasewith attractive 7.00% rental escalations every 5 years
- Constructed to Freddy’s latest prototype - opened in October 2023.
- HIGH TRAFFIC COUNTS/VISIBILITY - Situated on a large ±2.17-acre lot (across the street from AMC Theatre Anchored Retail Center)
- OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 74 locations which includes 39 Freddy’s restaurants, making it the 7th largest Freddy’s in US
- Located in dominant retail corridor less than one mile from main entrance into Stephen F. Austin University!
- 2023 VERY AFFLUENT Demographics: 2023 Population: 36,196 & 2023 Average Household Income: $78,092
EXECUTIVE SUMMARY
(Building & Land) Fee Simple
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,148 SF
Building Class
B
Year Built
2023
Price
$4,670,458 CAD
Price Per SF
$1,483.63 CAD
Cap Rate
5.75%
NOI
$268,575 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.17 AC
Zoning
C - Commercial
AMENITIES
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 26420 | Improvements Assessment | $994,129 CAD |
| Land Assessment | $508,709 CAD | Total Assessment | $1,502,837 CAD |
PROPERTY TAXES
Parcel Number
26420
Land Assessment
$508,709 CAD
Improvements Assessment
$994,129 CAD
Total Assessment
$1,502,837 CAD
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