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1000 Lonnie Abbott Blvd
Ada, OK 74820

$2,560,000 USD

Fast Food For Sale  •  2,500 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,500 SF
  • Lot Size 0.98 AC
  • Building Class B
  • Year Built 2025
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C
0 Transit Score
52 Walk Score

Highlights

BRAND NEW 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations
TENANT: Ram-Z Custard, LLC owns & operates 76 locations which include 41 Freddy’s restaurants (including those currently under construction)
The 6th largest Freddy’s franchisee in the U.S., and 35 Schlotzsky’s locations, making it the largest Schlotzsky’s franchisee in the country.
BRAND NEW CONSTRUCTION: New, build-to-suit of Freddy’s latest prototype with an impressive 12-car stack in drive-thru - slated to open November 2025
DENSE REAIL CORRIDOR | RETAIL CORRIDOR: Located in dominant retail area, adjacent to a Tractor Supply Co./Walls/ Ollie Bargain Outlet Shopping Center
2025 DEMOGRAPHICS: Total Population (5MI): 24,772 | Average Household Income (1MI): $82,348

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Freddy's Frozen Custard

Amenities

  • Restaurant
  • Signage
  • Drive Thru
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC