FREDDY?S ? NAPERVILLE (CHICAGO MSA), IL 1967 Glacier Park

Investment Highlights

Brand new 20-year Absolute NNN lease with attractive 5.00% rental escalations every 5 years with three 5-year options to renew. Newly constructed to Freddy?s latest prototype with Brick Construction - opened in January 2024. Pad site to a Marshalls Shopping Center (adjacent to Target) with excellent drive-by visibility/access on Rte 59 (main north/south thoroughfare) Tenant M&M Custard, LLC - one of the largest owner/operators in Freddy?s system with 42 locations (and growing) Well-positioned in dominant/infill retail corridor with high barriers to entry and low vacancy! 2023 AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 227,722 | Average Household Income (1-MI): $167,344

Executive Summary

(Building & Land) Fee Simple

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Bank General Retail Restaurant General Retail Storefront Fast Food
• Building Size    3,200
• Year Built    2024
• Price    3,136,000
• Price Per SF    980
• Cap Rate    5.90
• NOI    185,042
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.08
• Land Acres    0.88 AC

• Restaurant
• Signage