Restaurant
Freddy's
9901 Orlando St, Machesney Park, IL 61115
Listing Price: $2,432,000
Investment Overview
Freddy’s Frozen Custard & Steakburgers is a leading fast casual restaurant franchise concept with more than 380 locations across 32 states. Co-founded in 2002 by Scott Redler and Bill, Randy and Freddy Simon, Freddy’s opened its first location in Wichita, Kansas, offering a unique combination of cooked-to-order steakburgers seasoned with Freddy’s Famous Steakburger & Fry Seasoning®, Vienna® Beef hot dogs, shoestring fries paired with Freddy’s Famous Fry Sauce® and frozen custard that is freshly churned throughout the day in each restaurant.
The Village of Machesney Park is a growing, family-friendly community of nearly 23,000 residents in Northern Illinois. The area is well known for its attractive residential setting along the Rock River, with neighborhoods ranging from affordable first-time family homes to newly constructed luxury waterfront homes.
Freddy's
Investment Highlights
- Brand New 20-Year Absolute Triple-Net Lease
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Easy Access via IL Route 173 (20,100 Cars per Day) and the IL Route 251 (17,300 Cars per Day)
- Lease Guaranteed by M&M Custard, LLC, Multi-Unit Operator of Over 42 Locations in Six States
- Anchored to National Tenants: Lowe's, Ulta Beauty, TJ Maxx, Michaels, Five Below, etc
Listing Price: $2,432,000
Investment Highlights
- Brand New 20-Year Absolute Triple-Net Lease
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Easy Access via IL Route 173 (20,100 Cars per Day) and the IL Route 251 (17,300 Cars per Day)
- Lease Guaranteed by M&M Custard, LLC, Multi-Unit Operator of Over 42 Locations in Six States
- Anchored to National Tenants: Lowe's, Ulta Beauty, TJ Maxx, Michaels, Five Below, etc
Investment Overview
Freddy’s Frozen Custard & Steakburgers is a leading fast casual restaurant franchise concept with more than 380 locations across 32 states. Co-founded in 2002 by Scott Redler and Bill, Randy and Freddy Simon, Freddy’s opened its first location in Wichita, Kansas, offering a unique combination of cooked-to-order steakburgers seasoned with Freddy’s Famous Steakburger & Fry Seasoning®, Vienna® Beef hot dogs, shoestring fries paired with Freddy’s Famous Fry Sauce® and frozen custard that is freshly churned throughout the day in each restaurant. The Village of Machesney Park is a growing, family-friendly community of nearly 23,000 residents in Northern Illinois. The area is well known for its attractive residential setting along the Rock River, with neighborhoods ranging from affordable first-time family homes to newly constructed luxury waterfront homes.
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