FREDDY'S |  $2,640,000  |  6.00% CAP

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The Deltondo Group and Marcus & Millichap are pleased to present for sale Freddy’s Frozen Custard & Steakburgers a single-tenant property located at 930 North Earl Rudder Freeway, Bryan, Texas 77808.

The subject property is comprised of 3,814 square feet and was built in 2012. The building sits on a large 1.03 Acre lot with frontage on North Earl Rudder Freeway that oversees 60,000+ Vehicles Per Day.

Wildcat Steakburgers, LLC a 25-unit guarantee operates on an Absolute-Net lease with 10-years remaining. The original 15-year lease has 10% increases every 5-years and Three, 5-year options to extend.

Freddy’s Frozen Custard & Steakburgers is a leading fast casual restaurant franchise concept with more than 370 locations across 32 states. Co-founded in 2002 by Scott Redler and Freddy Simon, Freddy’s opened its first location in Wichita, Kansas, offering a unique combination of cooked-to-order Steakburgers seasoned with Freddy’s Famous Steakburger & Fry Seasoning, Vienna Beef Hot Dogs, Shoestring fries paired with Freddy’s Famous Fry Sauce and frozen custard

that is freshly churned throughout the day in each restaurant.

 

HCI Hospitality (Wildcat Steakburgers, LLC)

 

HCI Hospitality opened its first Freddy’s Frozen Custard and Steakburgers restaurant in Junction City, Kansas on July 14, 2010. Less than 1 week later, its second location opened in Lawrence, KS. Ever since, HCI has been expanding the Freddy’s brand, with locations in Nebraska, Iowa, Texas, North Carolina, South Carolina, and Virginia. HCI embraces the Freddy’s brand because of the values and timelessness associated with Freddy’s – a homegrown Kansas brand, by the way! The hard work and dedication that goes into creating the perfect smashed Steakburger or smooth and creamy custard perfectly reflects HCI’s goals and vision.

PRESENTED BY:

BROKER OF RECORD

Tim Speck

Lic. 0065250

PETER DELTONDO

Founder, Deltondo Advisory Group

(949) 419-3267

pdeltondo@marcusmillichap.com

© 2020 Deltondo Advisory Group of Marcus & Millichap Newport Beach