Investment Highlights
Attractive Lease Fundamentals
Highly Visible and Accessible
Located on Retail Corridor
Executive Summary
Attractive Lease Fundamentals - New 15 year NNN lease - 8% rent increases every 5 years - No Landlord responsibilitiesFast Growing Brand - Freddy?s currently has over 300 locations in 31 states - Expansion plans include to have over 600 stores by middle of 2024New State of the Art Building - Building is being built to suit Freddy?s concept - Warranties will be assigned to new ownerPositioned in a Retail Corridor - Over 1.7MSF of retail space located in a 1-mile radius - Nearby national QSRs include: Burger King, Arby?s, Biscuitville, McDonald?s, Bojangles, and DunkinHighly Visible and Trafficked Location - Fronting S. Main ST (14.5K VPD) - Approximately 1/3 mile to I-74 (20.5K VPD) - Two points of ingress and egress (S. Main St & Biggs St) - ~1.25 Miles to downtown LaurinburgSo-Pak-Co Facility - So-Pak-Co, a food processor and packager, chose Laurinburg for its new operation - $85M project - 440 new jobs - State Economic Impact totaling $1.5B
