1000 Lonnie Abbott Blvd Ada, OK 74820
New construction Freddy's with 20-year absolute NNN lease.
Property size:
2,500 SFLot size:
2.06 AcresProperty Features for 1000 Lonnie Abbott Blvd
General Information
- Size
- 2,500 SF
- Lot size
- 2.06 Acres
Source:
Moodyscre
Listing Agent: Justin Zahn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
New Freddy's NNN Lease
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
- -96.665177
- Latitude
- 34.790651
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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.