Single-Tenant NNN Freddy’s
For Sale
Contact for pricing
Pending
6208 19th St, Lubbock, TX 79407
Freddy’s restaurant asset backed by a long-term absolute triple-net lease with scheduled rent increases.
Property SizeContact for details
Days on Market143
Property Features for 6208 19th St
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
CrownPoint Partners
(949) 942-1300
Listed By:
Julius Swolsky · License #02074212
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:02PM
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 CrownPoint Partners
Investment Insights
Based on property information with market context.
Located at 6208 19th St in Lubbock, Texas, this single-tenant NNN property is occupied by Freddy’s Frozen Custard & Steakburgers. The offering is structured as a sale-leaseback and is supported by a 20-year absolute triple-net lease.
Lease economics include 10% rental increases at five-year intervals. The lease guarantee is provided by JRI Hospitality, identified as Freddy’s largest franchise operator, with approximately 80 locations across 15 states. The property is positioned in Lubbock, home to Texas Tech University and its enrollment of more than 40,000 students.
Lease economics include 10% rental increases at five-year intervals. The lease guarantee is provided by JRI Hospitality, identified as Freddy’s largest franchise operator, with approximately 80 locations across 15 states. The property is positioned in Lubbock, home to Texas Tech University and its enrollment of more than 40,000 students.
Key Highlights
- Single‑tenant Freddy’s Frozen Custard & Steakburgers property
- 20‑year absolute triple‑net lease
- 10% rental increases every five years
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
196k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
McDonald's
Dining
32,384 visits/mo
0.3 miles
SONIC Drive In
Dining
23,529 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
21,770 visits/mo
0.4 miles
Fazoli's
Dining
15,333 visits/mo
0.3 miles
Buffalo Wild Wings
Dining
13,659 visits/mo
0.1 miles
Demographics for 79407, TX
23,208
Population
11,817
Households
2
Avg Household Size
32
Median Age
41%
College-Educated
92%
High-School Grad
75.9 sq mi
ZIP Area
306
Density / Sq Mi
$64,778
Median Household Income
$38,212
Median Earnings
$1,131
Median Rent
$200,700
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?
NNN property - Freddy’s restaurant asset backed by a long-term absolute triple-net lease with scheduled rent increases.
Where is this nnn property located?
The property is located at 6208 19th St Lubbock, TX.
What are key features of this property?
This property features: Single‑tenant Freddy’s Frozen Custard & Steakburgers property; 20‑year absolute triple‑net lease; 10% rental increases every five years
