Investment Highlights

NEW 20-YEAR ABSOLUTE NNN GROUND LEASE WITH SCHEDULED RENTAL INCREASES
» New 20-year absolute NNN ground lease with four (4) five (5) year options, creating a stable, long-term investment
» 10% rental increases every five years, providing a hedge against inflation
» Requires zero landlord management, ideal for an out-of-area investor
» Freddy’s was ranked #59 on Entrepreneur’s Franchise 500 in 2022
» Freddy’s currently ranks #1 by Comparably in overall culture score

HIGH-VISIBILITY LOCATION IN STRONG RETAIL AND INDUSTRIAL CORRIDOR
» Located just off the southwest corner of U.S. Highway 83 Business and North Bridge Avenue
» Beneficial proximity to Interstate 2 (75,000 AADT)
» Strong retail corridor near major national brands such as Walmart Supercenter, H-E-B, Lowe’s Home Improvement, T.J. Maxx, Petco, and many others
» 2.5 miles from Knapp Medical Center (227 beds, 900 employees) and Weslaco Regional Rehabilitation Hospital (32 beds)

DENSELY POPULOUS BORDER CITY POISED FOR GROWTH
» Ideal location surrounded by well-attended schools, increasing lunch-time traffic to the site
» 1.4 miles from South Texas College (29,000+ students, 214 employees) and near Central Middle School (933 students) and Early College High School (263 students)
» Surrounded by single-family housing developments and apartment complexes
» 104,507 residents within five miles of the property
» Average household income of $62,652 within a one-mile radius (projected 19% increase by 2027)
» The City of Weslaco has maintained a credit rating of “AA” from Standard and Poor’s, and “A2” by Moody’s
» Location provides access to purchasing power from the Reynosa-McAllen metroplex (population 1.5 million), South Texas region, and affluent northern Mexican markets

NEW 2023 CONSTRUCTION IN TAX-FREE STATE
» High-quality 2023 construction featuring a dedicated dual-lane drive-thru, providing additional customer convenience and boosting sales revenue
» New building, limiting near-term deferred maintenance or capital costs
» Texas has no state income tax, estate tax, or inheritance tax

Property Description

» Located at the southwest corner of U.S. Highway 83 Business and North Bridge Avenue
» The site maintains beneficial proximity to Interstate 2 (75,000 AADT)
» Conveniently located in a strong retail corridor, the property is near major national brands such as Walmart Supercenter, H-E-B, Lowe’s Home Improvement, T.J. Maxx, Petco, and many others
» The site is near major area employers, including Knapp Medical Center (227 beds, 900 employees) and the Weslaco Regional Rehabilitation Hospital (32 beds)
» The property is in an ideal location surrounded by well-attended schools, increasing lunchtime traffic to the site
» The property is just 1.4 miles from South Texas College (29,000+ students, 214 employees)
» The site benefits from its proximity to residential communities and is surrounded by high-density single-family housing developments and apartment complexes
» 104,507 residents live within five miles of the property
» The average household income of within a one-mile radius is projected to increase 19 percent by 2027, poising Freddy’s and Weslaco for concurrent growth
» The location provides access to purchasing power from the Reynosa-McAllen metroplex (population 1.5 million), South Texas region, and affluent northern Mexican markets