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Freddy’s Frozen Custard & Steakburgers

Columbia, MO 65203

Price

$2,086,957

Cap Rate: 5.50%

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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 Columbia, Missouri. The absolute triple net Freddy’s property has a brand-new long-term 15-year lease. The lease has 10% rental increases every five years in the primary term and renewal options.

The property is located in Columbia, approximately two miles south of the University of Missouri. The affluent area has approximately 110,000 people living within five miles and average annual household incomes of $91,000. The property is centrally located within a retail destination that includes Walmart Supercenter, Hy-Vee, Kohl's, ALDI, Bank of America, O'Reilly Auto Parts, AutoZone, Panera, and many other national and local retailers.

Investment Highlights

  • Long-term lease with 15 years remaining
  • 10% rental increases every five years
  • Absolute triple net lease with no landlord responsibilities
  • Operated and guaranteed by M&M Custard, the 3rd largest Freddy’s franchisee with 38 locations and growing
  • Rent is only $30.67/SF which is low for a QSR property leased to a national tenant
  • 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)

Location Highlights

  • Located in Columbia approximately two miles south of the University of Missouri (31,000+ students)
  • Columbia is the fastest growing city and 4th largest city in Missouri
  • Affluent area with approximately 110,000 people living within five miles and average annual household incomes of $91,000
  • Centrally located within a retail destination that includes Walmart Supercenter, Hy-Vee, Kohl’s, ALDI, Bank of America, O’Reilly Auto Parts, AutoZone, Panera, and many other national and local retailers
  • Immediate proximity to Rock Bridge High School (2,000 students)
  • Located along S Providence Road (MO Hwy 163), the primary north-south thoroughfare in the area
  • Positioned just south of Faurot Field and Mizzou Arena

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031