Jackson, TN 38305

Freddy's Frozen Custard & Steakburgers

Property Address

2841 U.S. 45 Bypass, Jackson, TN, USA

Offering Summary

  • Price: $2,434,700
  • Lot Size: .72 Acres
  • Cap Rate: 5.75%
  • Year Built: 2020
  • Building SF: 2,800
  • Status: In Escrow
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  • Fifteen (15)-Year Absolute NNN Lease | 7.50% Rental Increases Every Five (5)-Years & During Options
  • Operated by M&M Custard, LLC | Experienced & Growing Operator with Eighteen (18)-Total Units in Four (4)-States
  • Freddy’s is One of the Fastest Growing Restaurants in the U.S. | Increasing Total Units by about 30% Per Year Since 2013
  • Build-to-Suit | 2020 Construction with Drive-Thru
  • Positioned along Area’s Major Retail & Traffic Corridor | Daily Traffic Counts Exceed 46,000 Vehicles
  • Less Than One (1)-Mile from Union University with More Than 3,400 Students and Staff
  • Growing Demographics | 18% Population & Household Growth since 2000. Approximately 3% Growth Over the Next Five (5)-Years

Broker Information