Freddy’s Absolute NNN
5221 South Aspen Avenue, Broken Arrow, OK 74011
For Sale
Contact for pricing
The drive-through includes an 11-car queue and access from South Aspen Avenue.
Property SizeContact for details
Lot Size0.76 Acres
Days on Market28
Property Features for 5221 South Aspen Avenue
General Information
Standard status
Lot size
Property subtype
Site & Location
Drive-Thru
Traffic Count
Highway Access
Tenancy & Operations
Currently Operating
Tenant in Place
Building Details
Year Built
Listing Agency:
Commercial Investment Advisors (CIA) Scottsdale
Listed By:
Justin Zahn · License #SA545840000
(214) 643-6097
Source:
Crexi
Added: Oct 13
Changed: Nov 8
Last Checked: Nov 8 at 5:07PM
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
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Investment Insights
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Built to Freddy’s latest prototype, the restaurant occupies a ±0.76-acre site and includes an 11-car drive-through stack. The property opened in August 2026 and is leased under a new 20-year absolute NNN agreement, with 7.50% rent escalations every five years and two five-year renewal options.
The site fronts S Aspen Avenue, identified as a main north-south route in Broken Arrow, with traffic counts of 16,842 CPD. It is just over one-third mile north of the OK-364 exit ramp, where traffic counts are 23,590 CPD.
Ram-Z Custard, LLC, the tenant, operates 41 Freddy’s restaurants, including locations under construction. The lease is guaranteed by Ram-Z Restaurant Group, which also includes 33 Schlotzsky’s locations and 12 Popeyes locations in Alabama; the listing describes the guaranty as covering 86 total units.
The site fronts S Aspen Avenue, identified as a main north-south route in Broken Arrow, with traffic counts of 16,842 CPD. It is just over one-third mile north of the OK-364 exit ramp, where traffic counts are 23,590 CPD.
Ram-Z Custard, LLC, the tenant, operates 41 Freddy’s restaurants, including locations under construction. The lease is guaranteed by Ram-Z Restaurant Group, which also includes 33 Schlotzsky’s locations and 12 Popeyes locations in Alabama; the listing describes the guaranty as covering 86 total units.
Key Highlights
- New 20‑year absolute NNN lease with 7.50% escalations every 5 years and two 5‑year renewal options
- ±0.76‑acre site with an 11‑car drive‑through stack
- S Aspen Avenue frontage; traffic counts of 16,842 CPD
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
16,842 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
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Business Placement
Demographics for 74011, OK
31,803
Population
12,898
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
23.8 sq mi
ZIP Area
1,336
Density / Sq Mi
$95,643
Median Household Income
$50,906
Median Earnings
$1,303
Median Rent
$244,900
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - The drive-through includes an 11-car queue and access from South Aspen Avenue.
Where is this nnn property located?
The property is located at 5221 South Aspen Avenue Broken Arrow, OK.
What is the asking price?
The asking price for this property is $2,308,000.
What are key features of this property?
This property features: New 20‑year absolute NNN lease with 7.50% escalations every 5 years and two 5‑year renewal options; ±0.76‑acre site with an 11‑car drive‑through stack; S Aspen Avenue frontage; traffic counts of 16,842 CPD
