Freddy’s – McAlester, OK

18 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!**

The Asset is Situated on a very large ±2.0-acre lot with excellent visibility/access on US-69/George Nigh Expwy (main north/south thoroughfare in McAlester with with traffic counts of 23,767 CPD! Pad site to a Hobby Lobby Anchored Shopping Center with key tenants such as T.J. Maxx, Ross, Ollie’s Bargain Outlet, Bealls and Five Below; nearby retailers include Walmart, Lowe’s, Shoe Dept., Tractor Supply, Atwoods, Cato Fashions, Harbor Freight, True Value, Petsense, Pruett’s Food, Dollar Tree, Dollar General, Family Dollar, Apex Cinema; Dining options include Starbucks, Chick-Fil-A, McDonald’s, Wendy’s, Sonic Drive-In, Taco Bell, Chili’s Grill and Bar, Pizza Hut, Little Caesars, Rib Crib, Subway, and Braum’s Ice Cream. There are 6 public schools in McAlester (1 Pre-K, 3 elementary, 1 middle and 1 high schools) serving 2,987 students; 3.5 miles from McAlester Regional Hospital – a 149-bed public trust health care facility serving Pittsburg County and surrounding areas; Less than 4 miles from Saint Francis Children’s Physicians Pediatrics – provides comprehensive pediatric primary care for children with 162 beds

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