Owensboro, KY 42301

Freddy's Drive-Thru

Property Address

4641 Frederica Street, Owensboro, KY, USA

Offering Summary

  • Price: $1,500,000
  • Lot Size: .92 Acres
  • Cap Rate: 5.50%
  • Year Built: 2018
  • Building SF: 2,584
  • Status: Available
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  • Double-Net (NN) Lease with 7 Years Remaining and 2, 5-Year Renewal Options
  • 10% Rental Increase in Approximately 2 Years
  • Franchisee Guarantee by M&M Custard, LLC, Multi-Unit Operator of 23+ Locations in 5 States
  • Situated Across from Towne Square North Shopping Mall & Directly North of the Towne Square Shopping Mall
  • Easy Access and Connections to Downtown Owensboro via Frederica Street (23,800 Cars/Day) and the US 60 NC Wendell Ford Expressway(33,800 Cars/Day)
  • 70,755 Residents within a 5-Mile Radius
  • Well-Located in the Best Retail Trade Area in Owensboro – Great Access and Visibility to Frederica Street
  • Adjacent to High-Performing Chick-fil-A and Panera Bread Locations

Broker Information