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FREDDY'S (69 UNIT GUARANTY) - GROVE CITY, OH 4264 Buckeye Pky

3,027 SF Retail Building Grove City, OH 43123 $4,428,575 CAD ($1,463 CAD/SF) 6% Cap Rate

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Investment Highlights

LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years with four 5-year options to renew.
6th largest Freddy’s franchisee in the U.S
HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.158-acre lot, pad site to Target & Hobby Lobby Shopping Center

OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants
New, build-to-suit of Freddy’s latest prototype with Brick Construction with an impressive 16-car stack in drive-thru - slated to open December 2024
2024 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 134,210 | Average Household Income (1-MI): $118,064