Brand-new 15-year lease
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.