Available

Available

Freddy’s Frozen Custard & Steakburgers

Loveland, CO 80538

Price

$3,000,000

Cap Rate: 5.50%

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Walmart-Anchored Hard Corner

Blue West Capital is pleased to present the opportunity to acquire a Freddy’s Frozen Custard & Steakburgers (Freddy’s) at 155 W 64th Street in Loveland, Colorado. The property is secured by a brand-new 20-year NNN lease featuring 10% rent increases every five years and four 5-year renewal options. 

The 3,367-square-foot building sits on a 1.01-acre parcel and has operated as a Freddy’s since its construction in 2014. Positioned on a signalized Walmart Supercenter outparcel along US-287, the asset offers passive ownership with 20 years of contractual income growth.

Investment Highlights

  • Brand new 20-year lease with 10% rent increases every five years
  • Four 5-year renewal options
  • Signalized hard-corner Walmart Supercenter outparcel on US-287 (27,823 VPD)
  • Dual-lane drive-thru designed to accommodate high-volume traffic

Location Highlights

  • Walmart Supercenter anchor drives 2.1+ million shoppers per year
  • 27,823 VPD on Garfield Avenue (US-287) at the signalized corner of W 64th Street
  • 108,000+ residents within five miles and average household incomes exceeding $115,000
  • Population projected to grow 2.8%+ through 2030

We are ready to assist you.

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