Freddy’s NNN Restaurant
3720 North Street Nacogdoches, TX 75965
3720 North Street, Nacogdoches, TX, 75965
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For Sale
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Single-tenant Freddy’s restaurant built to the company’s latest prototype, opened in October 2023, with an absolute NNN lease remaining.
Property Size3,148 SF
Lot Size2.17 Acres
Price / SF$1,077
Days on Market23
Property Features for 3720 North Street
General Information
- Standard status
- Active
- Size
- 3,148 SF
- Lot size
- 2.17 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agency
Commercial Investment Advisors (CIA) Scottsdale
Listed by
Justin Zahn · License #SA545840000
Source
Crexi
Added: Jun 29 Updated: Jul 21 at 7:30AM Checked: Jul 21 at 7:30AM
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) Scottsdale
Investment Insights
Based on property information with market context.
This is a single-tenant Freddy’s restaurant investment with an absolute NNN lease featuring 7.00% rental escalations every five years and four additional five-year renewal options. The lease has 18 years remaining on the initial 20-year term, with the tenant operating under a unit guaranty structure backing the lease performance. The building was constructed to Freddy’s latest prototype and opened in October 2023.
The property is located on a dominant retail corridor near Stephen F. Austin University, with the asset positioned less than one mile from the main entrance to the university. It sits on approximately a 2.17-acre lot across the street from an AMC Theatre-anchored retail center. Access and visibility are described as strong along North Street, with traffic counts exceeding 24,890 vehicles per day.
The surrounding retail mix includes major national and regional tenants such as Walmart, Lowe’s Home Improvement, Kroger, Walgreens, Planet Fitness, Tractor Supply Co., and multiple home furnishing and value retail operators, along with AMC Theatres.
The property is located on a dominant retail corridor near Stephen F. Austin University, with the asset positioned less than one mile from the main entrance to the university. It sits on approximately a 2.17-acre lot across the street from an AMC Theatre-anchored retail center. Access and visibility are described as strong along North Street, with traffic counts exceeding 24,890 vehicles per day.
The surrounding retail mix includes major national and regional tenants such as Walmart, Lowe’s Home Improvement, Kroger, Walgreens, Planet Fitness, Tractor Supply Co., and multiple home furnishing and value retail operators, along with AMC Theatres.
Key Highlights
- Freddy’s restaurant built in 2023 and opened October 2023, constructed to the company’s latest prototype
- Single‑tenant absolute NNN lease with 18 years remaining on an initial 20‑year term
- 7.00% rental escalations every 5 years plus four 5‑year lease renewal options
Property Analytics
Location Intelligence
Current Use by Public Records
Iglesia Mision Libertad
Church
Freddy's Frozen Custard ...
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Single-tenant Freddy’s restaurant built to the company’s latest prototype, opened in October 2023, with an absolute NNN lease remaining.
Where is this conventional restaurant located?
The property is located at 3720 North Street 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: Freddy’s restaurant built in 2023 and opened October 2023, constructed to the company’s latest prototype; Single‑tenant absolute NNN lease with 18 years remaining on an initial 20‑year term; 7.00% rental escalations every 5 years plus four 5‑year lease renewal options