New Freddy's NNN
1000 Lonnie Abbott Blvd, Ada, OK
New construction Freddy's with 20-year absolute NNN lease.
Property size:
2,500 SFLot size:
2.06 AcresPrice / SF:
$1,024/SF- Added:
- Oct 29, 2025
- Days on Market:
- 201
- Last Refresh:
- Apr 5 at 10:35 pm
Property Features for 1000 Lonnie Abbott Blvd
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 2.06 Acres
Listing agent Justin Zahn (480) 718-5555
Listing office Commercial Investment Advisors (CIA) - Corporate (480) 718-5555
Listing date Oct 29, 2025
Source Moodyscre
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
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.
- Located in a dense retail corridor, adjacent to a Tractor Supply Co./Walls/Ollie Bargain Outlet Shopping Center and across from Home Depot.
- Favorable 2025 demographics: 24,772 total population (5‑mile radius) and $82,348 average household income (1‑mile radius).
- Property sits on a ±0.98‑acre lot.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
C & H Bit ...
Car Dealership
Location Insight
- Map
- Local Demand
- City
- Ada
- County
- Pontotoc
- State
- Oklahoma
- Longitude
- -96.6652
- Latitude
- 34.7906
Nearby Similar for Sale
FAQs
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.
