3720 N St Nacogdoches, TX
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NNN leased Freddy's with 19 years remaining on initial term.
Type:RETAIL
Property size:
3,148 SFLot size:
2.13 AcresPrice / SF:
$1,077/SF- Added:
- Mar 4, 2025
- Days on Market:
- 417
- Last Refresh:
- Apr 5 at 11:08 pm
Property Features for 3720 N St
General Information
- Standard status
- Active
- Size
- 3,148 SF
- Lot size
- 2.13 Acres
- Property subtype
- RETAIL
Listing agent Justin Zahn (480) 718-5555
Listing office Commercial Investment Advisors (CIA) - Corporate (480) 718-5555
Listing date Mar 4, 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
Overview
Freddy's NNN Lease Investment Opportunity
This property is subject to an absolute NNN lease with approximately 19 years remaining on the initial 20-year term. The lease includes attractive 7.00% rental escalations every 5 years, along with four 5-year options to renew. Constructed to Freddy’s latest prototype, the restaurant opened in October 2023. The property is situated on a large ±2.17-acre lot and benefits from excellent drive-by visibility and access on North St, where traffic counts exceed 24,890 cars per day. It is located in a dominant retail corridor less than one mile from the main entrance to Stephen F. Austin University, across the street from an AMC Theatre-anchored retail center. According to 2023 demographics, the population is 36,749 and the average household income is $80,199. Ram-Z Custard, LLC owns and operates 67 locations, including 33 Freddy’s restaurants, making it the 7th 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. All units back the performance of the lease.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Map
- City
- Nacogdoches
- County
- Nacogdoches
- State
- Texas
- Longitude
- -94.6555
- Latitude
- 31.6035
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - NNN leased Freddy's with 19 years remaining on initial term.
Where is this drive through restaurant located?
The property is located at 3720 N St Nacogdoches, TX.
What is the asking price?
The asking price for this property is $3,391,000.
What are key features of this property?
This property features: Absolute NNN lease with 19 years remaining and attractive 7.00% rental escalations every 5 years.; Located in a dominant retail corridor less than one mile from Stephen F. Austin University's main entrance.; Large ±2.17‑acre lot with excellent drive‑by visibility/access on North St (24,890 CPD).
