3720 St N Nacogdoches, TX

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.