3720 North St, Nacogdoches, TX 75965
3,148 SF | Retail Building | Nacogdoches, TX 75965 | $3,545,000 ($1,126/SF) | 5.50% Cap Rate
Asking Price $3,545,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 3,148 SF
- Price / Square Foot
- $1,126
Listing Contacts
- Property Info
Property Overview
(Building & Land) Fee Simple
Property Details
- Class
- B
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Bank, Storefront
- Lot Size (sq. ft)
- 94,525 SF
Highlights
- The Subject Property benefits from a brand new 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years
- Ram-Z Custard, LLC owns & operates 38 locations across Texas, Oklahoma, Arkansas, Missouri & Kansas (11 Freddy’s & 27 Schlotzskys)
- Constructed to Freddy’s latest prototype - opened in October 2023. Located in dominant retail corridor
- Situated on a large ±2.17-acre lot (across the street from AMC Theatre Anchored Retail Center)
- Excellent drive-by visibility/access on North St where traffic counts exceeding 24,890 CPD!
- 2023 Demographics: 2023 Population: 36,749 & 2023 Average Household Income: $80,199
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