Brockman Group Announces The Sale of The Net Leased Freddy's Frozen Custard & Steakburgers

Denver, CO – January 9, 2020 – Brockman Group, LLC is pleased to announce the sale of the net leased Freddy’s Frozen Custard & Steakburgers property, located at 14255 Lincoln St, Thornton, CO.

The Cabela anchored property, a 3,612 SF building on a 1.276 AC lot, and an outparcel to the prestigious The Grove Development, closed for $2,100,000 and 4.25% cap rate, a record for Freddy’s Frozen Custard & Steakburgers.

The property is located across the street from Amazon’s newly constructed 2.1 M SF distribution facility, St. Anthony’s Medical Campus, and neighboring 465 unit Parkhouse Apartment Community. The strong tenant has 16 years remaining on the lease.

Justin Brockman and Chris Student represented the seller.

For more information, please contact Chris Student at 952.201.5676.