Freddy’s – Marshall, TX

Freddy’s has 19 Years Remain on Initial 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew. The Tenant, Ram-Z Custard, LLC is an experienced multi-concept owner/operator with 42 Freddy’s restaurants (including those currently under construction), making it the 6th largest Schlotzsky’s franchisee in the U.S.! The lease is further guaranteed by Ram-Z Restaurant Group that includes 34 Schlotzsky’s locations, making it the largest Schlotzsky’s franchisee in the country and 7 Popeyes locations in Alabama. (83 TOTAL UNIT GUARANTY). **All units back the performance of the lease!** It is a New, build-to-suit of Freddy’s latest prototype with a 10-car stack in drive-thru – opened March 2025.

The Asset is Conveniently located on a pad site to a Lowe’s (across from Walmart – Top 33rd percentile store nationally per Placer.ai) in the main retail corridor of Marshall! It is Positioned on a ±0.82-acre lot with great visibility/access on E End Blvd N (main north/south thoroughfare in Marshall) with traffic counts of 24,328 CPD! Pad site to Lowe’s Home Improvement – nearby retailers include Walmart, Hobby Lobby, Citi Trends, Bealls Outlet, Boot Barn, Big Lots, Ollie’s Outlet, Tractor Supply, Harbor Freight, Petsense, Kroger, Super 1 Foods, Cash Saver, Dollar Tree, Dollar General, Family Dollar, Factory Connection, Ivan Smith Furniture, Aaron’s, Rent-A-Center, Sherwin Williams, Walgreens, CVS, and Planet Fitness. It is 1.5 miles from East Texas Baptist University – a private Baptist university offering over 50 undergraduate programs with 1,813 students (Fall 2024); Less than 3 miles from Texas State Technical College Marshall – offering various programs & degrees serving 858 students; 2.5 miles from CHRISTUS Good Shepherd Medical Center – a 149-bed facility with an intensive care unit and a 24-hour Level III Trauma Center.

Property Highlights