Freddy’s Frozen Custard

2567 Commerce Pkwy unit 1, Barstow, CA 92311

$2,971,000

Cap Rate 5.25%

View OM

DOM: 3 Updated: 09.12.25 Posted: 09.12.25 Status: Active 09.12.25

Summary

Price $2,971,000		Tenant Freddy’s Frozen Custard
Cap Rate 5.25%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 2,500	Lease Start	#Units 515
Price/SF $1,188.40	Expiration	Tenant Type Fast Food/QSR
NOI $156,000	R. Term 0.00	Ownership Fee Simple
Rent/SF $62.40	Increases 10.0%/6/yrs	Pop 5Mi 24,596
Lot/AC 1.00	Options 4/10yrs/10%	AHHI 5Mi $75,511

Highlights

Brand-new 15-year absolute NNN lease with zero landlord responsibilities
Annual rent $156,000 with 10% increases every 5 years
Four ten-year renewal options with 10% rent bumps
2,500 SF freestanding building on a 43,560 SF lot
Sale-leaseback with highly successful multi-unit franchisee operating 22+ locations
Freddy’s brand backed by 510+ locations nationwide
Prominent visibility along Interstate 15, serving 60 million travelers annually
Five-mile trade area: 24,596 residents with $75,511 average household income

Location Description

Freddy’s Frozen Custard is strategically located along Commerce Parkway in Barstow, California, with access to a daily traffic count of approximately 19 million vehicles annually (I-15/I-40 corridor). The site is surrounded by national retailers and developments including Starbucks and the Outlets at Barstow, driving consistent consumer traffic to the area. The property is located near several...

...

Key Features

Build to suit
Oversized lot
High traffic 50M+ VPD
Major thoroughfare
Business growth area
New development zone
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
100+ unit franchisee backed

...

Links

Freddy’s Frozen Custard Wikipedia Freddy’s Frozen Custard Wikipedia Barstow, CA Zip Code 92311 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Freddy's Frozen Custard & Steakburgers
Guarantor:Corporate
Company:Thompson Street Capital Partners
# Units:515

About Tenant

Freddy's Frozen Custard & Steakburgers is an award-winning, American fast-casual restaurant chain. Its menu includes steakburgers, Vienna Beef hot dogs, and chicken sandwiches. The chain...

...

Listing Broker

Eric Carlton

Colliers NNN Group

Contact

189 Listings
55905 Views
73 Sold

Jereme Snyder

Colliers NNN Group

Contact

177 Listings
52002 Views
67 Sold

Eric Carlton

Eric Carlton serves as Executive Vice President within the Retail Capital Markets Group of Greater Los Angeles, Partner of the Colliers NNN Group, and Co-Founder of the Snyder/Carlton Team for Colliers International nationwide. The Colliers Retail Services Group is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting i

...

Jereme Snyder

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national

...

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT