Dual Drive-Thru NNN
For Sale
Contact for pricing
7715 S Broadway Avenue, Tyler, TX 75703
Absolute NNN leased Freddy’s site is under construction with a dual-lane drive-thru and a brand-new long-term lease.
Property SizeContact for details
Days on Market125
Property Features for 7715 S Broadway Avenue
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
32,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Corporate Headquarters
(480) 221-4221
Listed By:
Bradford Gibbs · License #TX 611900
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 5:33PM
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 SRS Real Estate Partners Corporate Headquarters
Investment Insights
Based on property information with market context.
The property is an absolute NNN leased, franchisee-guaranteed Freddy’s Frozen Custard & Steakburgers investment, offered as fee simple ownership. The tenant, Epoch Development of Texas, LLC, has signed a brand-new 20-year lease with four (5-year) options to extend. Lease terms include rental increases of 10% every five years throughout the initial term and at the start of each option period. The lease is personally guaranteed by four high net worth individuals.
The subject property is currently under construction and is scheduled for completion by late August 2018. The restaurant will include a dual-lane drive-thru designed for ease of service. Freddy’s is positioned as a pad to Kohl’s and is located along US Highway 69 (32,300 VPD) in Tyler, TX.
Nearby retail includes a recently developed 700,000 SF shopping center known as the Village at Cumberland Park, featuring multiple buildings across 80 acres. National and credit tenants in the area include Burlington, TJ Maxx, Ross, Bed Bath & Beyond, Petco, and Kirkland, along with major nearby retailers including a 24-hour Walmart Supercenter, Target, Lowe’s Home Improvement, and Best Buy.
The subject property is currently under construction and is scheduled for completion by late August 2018. The restaurant will include a dual-lane drive-thru designed for ease of service. Freddy’s is positioned as a pad to Kohl’s and is located along US Highway 69 (32,300 VPD) in Tyler, TX.
Nearby retail includes a recently developed 700,000 SF shopping center known as the Village at Cumberland Park, featuring multiple buildings across 80 acres. National and credit tenants in the area include Burlington, TJ Maxx, Ross, Bed Bath & Beyond, Petco, and Kirkland, along with major nearby retailers including a 24-hour Walmart Supercenter, Target, Lowe’s Home Improvement, and Best Buy.
Key Highlights
- Fee simple interest in a dual drive‑thru Freddy’s Frozen Custard & Steakburgers with an absolute NNN lease
- Brand new 20‑year lease with 4 (5‑year) options signed by Epoch Development of Texas, LLC
- Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period
Property Analytics
Property Profile
Current Use
Lease Details
32,300 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
224k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Apparel 26%
Shops & Services 11%
Leisure 11%
Kohl's
Apparel
59,304 visits/mo
0.0 miles
AMC CLASSIC Tyler 14
Leisure
23,758 visits/mo
0.2 miles
Braum's Ice Cream & Dairy Stores
Dining
19,576 visits/mo
0.5 miles
Freddy's Frozen Custard & Steakburgers
Dining
15,997 visits/mo
0.1 miles
7 Brew Coffee
Dining
12,555 visits/mo
0.2 miles
Demographics for 75703, TX
44,428
Population
20,045
Households
2.2
Avg Household Size
39
Median Age
43%
College-Educated
96%
High-School Grad
55.1 sq mi
ZIP Area
806
Density / Sq Mi
$76,347
Median Household Income
$45,301
Median Earnings
$1,262
Median Rent
$310,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute NNN leased Freddy’s site is under construction with a dual-lane drive-thru and a brand-new long-term lease.
Where is this drive through restaurant located?
The property is located at 7715 S Broadway Avenue Tyler, TX.
What are key features of this property?
This property features: Fee simple interest in a dual drive‑thru Freddy’s Frozen Custard & Steakburgers with an absolute NNN lease; Brand new 20‑year lease with 4 (5‑year) options signed by Epoch Development of Texas, LLC; Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period
