FREDDY'S (74 UNIT GUARANTY)- AMELIA, OH 3792 Waterford Pky 3 644 pi² Commerce de détail Immeuble Amelia, OH 45102 3 464 556 $ CAD (950,76 $ CAD/pi²) 6,25% Taux de capitalisation

Freddy’s Frozen Custard has 19 Years Remaining on Initial 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew. The Tenant, Ram-Z Custard, LLC owns and operates 83 locations, which include 42 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee in the U.S., and 34 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country (including those currently under construction) and 7 Popeye’s locations.
The Asset is Positioned on a large ±1.0-acre lot with great access/visibility on Ohio Pike (main north/south thoroughfare in Amelia) with traffic counts of 28,616 CPD! It is Retailers within 5 miles include Walmart, Target, Lowe’s, Home Depot, T.J. Maxx, Burlington, Gabe’s, Dick’s Sporting Goods, Sportsman’s Warehouse, Rally House, DSW, Shoe Carnival, Big Lots, HomeGoods, Best Buy, Michaels, Five Below, Popshelf, Staples, Half Price Brooks, Ulta Beauty, Sally Beauty, Ace Hardware, Harbor Freight Tools, PetSmart, Petco, ALDI, Kroger, Grocery Outlet, Family Dollar, Dollar Tree, Walgreens, and CVS. It is 4 miles from University of Cincinnati Clermont – a public university offering various associate degrees and certificates serving 3,091 students (Fall 2024); 13 miles from Northern Kentucky University – a public university offering numerous majors and master’s programs with 14,985 students; 6 miles from Mercy Health – Anderson – a 286-acute care bed, full-service hospital providing inpatient, outpatient and ancillary health care services with 36 emergency department beds, 20 ICU beds, 30 obstetric beds and is classified as a Level 2 NICU; 9 miles from Mercy Health – Clermont – a 177-bed hospital specializing in 24-hour emergency care, cardiology, oncology, pulmonary, and sports medicine services.