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New Freddy's NNN Lease
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1000 Lonnie Abbott Blvd, Ada, OK

New construction Freddy's with 20-year absolute NNN lease.

Property Size2,500 SF
Lot Size2.06 Acres
Price / SF$1,024
Days on Market287

Property Features for 1000 Lonnie Abbott Blvd

General Information

Standard status Active
Size 2,500 SF
Lot size 2.06 Acres
Property subtype RETAIL
Listing Agency: Commercial Investment Advisors (CIA) - Corporate
Listed By: Justin Zahn
Source: Moodyscre
Added: Oct 29, 2025 Changed: Aug 8 Last Checked: May 20 at 9:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Investment Advisors (CIA) - Corporate

Investment Insights

Based on property information with market context.

This property features a brand new 20-year absolute NNN lease with 7.50% rental escalations every 5 years and four 5-year options to renew. The property is a new build-to-suit of Freddy’s latest prototype with an impressive 12-car stack in the drive-thru, slated to open November 2025. The tenant, Ram-Z Custard, LLC, owns and operates 76 locations, including 41 Freddy’s restaurants (including those currently under construction), making it the 6th largest Freddy’s franchisee in the U.S., and 35 Schlotzsky’s locations, making it the largest Schlotzsky’s franchisee in the country. All units back the performance of the lease. The property is located in a dominant retail area, adjacent to a Tractor Supply Co./Walls/Ollie Bargain Outlet Shopping Center and across from Home Depot, situated on a ±0.98-acre lot. The property size is 2500 square feet. The location benefits from 2025 demographics including a total population of 24,772 within a 5-mile radius and an average household income of $82,348 within a 1-mile radius.

Key Highlights

  • Brand new 20‑year Absolute NNN lease with 7.50% rental escalations every 5 years and four 5‑year renewal options.
  • Tenant is Ram‑Z Custard, LLC, a large franchisee with 76 locations, including 41 Freddy's restaurants (6th largest in the U.S.) and 35 Schlotzsky's locations (largest in the country). All units back the lease.
  • Brand new build‑to‑suit Freddy's prototype featuring a 12‑car stack drive‑thru, opening November 2025.

Property Analytics

Current Use

C & H Bit ... Car Dealership

Suggested Use

Top Pick HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Veterinary Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

116
Businesses Nearby

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - New construction Freddy's with 20-year absolute NNN lease.
Where is this drive through restaurant located?
The property is located at 1000 Lonnie Abbott Blvd Ada, OK.
What is the asking price?
The asking price for this property is $2,560,000.
What are key features of this property?
This property features: Brand new 20‑year Absolute NNN lease with 7.50% rental escalations every 5 years and four 5‑year renewal options.; Tenant is Ram‑Z Custard, LLC, a large franchisee with 76 locations, including 41 Freddy's restaurants (6th largest in the U.S.) and 35 Schlotzsky's locations (largest in the country). All units back the lease.; Brand new build‑to‑suit Freddy's prototype featuring a 12‑car stack drive‑thru, opening November 2025.
(480) 718-5555 Call to check price and availability
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