Kansas City, MO
Price: $3,225,000
Cap Rate: 4.65%
Status: AVAILABLE

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Freddy’s Frozen Custard & Steakburgers
13628 Washington Street | Kansas City, MO 64145

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Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Freddy’s Frozen Custard & Steakburgers property located in Kansas City, Missouri. The absolute triple net Freddy’s property has a brand-new 15-year lease. The lease has 10% rental increases every five years in the primary term and renewal options. It is operated and guaranteed by M&M Custard, the third largest Freddy’s franchisee.

The property is located in Kansas City, the most populous city in Missouri. It sits in an extremely affluent area with average annual household incomes of approximately $180,000 within three miles. The Freddy’s property is strategically located across the street from a Target-anchored development and from a Walmart Supercenter. Additional retailers in the immediate corridor include Lowe’s, Michael’s, Petco, CVS, World Market, Bank of America, and Suburban Law & Garden.

  • Located in Kansas City, the most populous city in Missouri 
  • Brand-new 15-year lease 
  • 10% rental increases every five years in primary term and renewal options 
  • Absolute triple net lease with no landlord responsibilities 
  • Extremely affluent area with average annual household incomes of approximately $180,000 within three miles 
  • Operated and guaranteed by M&M Custard, the 3rd largest Freddy’s franchisee 
  • Strategically located across the street from a Target-anchored development and from a Walmart Supercenter 
  • Additional retailers in the immediate corridor include Lowe’s, Michael’s, Petco, CVS, World Market, Bank of America, and Suburban Lawn & Garden 
  • Positioned at a signalized intersection with over 30,000 VPD 
  • Approximately 150,000 people living within five miles 
  • Newly renovated building 
  • Immediate proximity to numerous country clubs including Blue Hills Country Club, Country Club of Leawood, Hallbrook Country Club, and Nicklaus Golf Club at Lionsgate 
  • Freddy’s Frozen Custard & Steakburgers has approximately 450 locations and ranked #8 as the Fastest Growing Chains in the U.S. (according to Technomic 2021)

OFFERING SUMMARY

Price: $3,225,000
Cap Rate: 4.65%

Building Size: 3,664 SF
Land Size:
1.21 AC

INVESTMENT CONTACT

ZACH WRIGHT
Director & Partner
Investment Sales
720.966.1628
Zach@BlueWestCapital.com

BRANDON WRIGHT
Associate
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com

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2022-09-21T09:30:02-07:00
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