190 Vaughan Lane

 Located in the Birmingham MSA, the largest MSA in Alabama » New 20-year lease » 10% rental increases every five years » Strategically positioned Walmart Supercenter outparcel with excellent visibility » Absolute triple net lease with no landlord responsibilities » Located along Interstate 20 (52,000 VPD) at the I-20 and U.S. 231 interchange » Regional retail destination that includes Walmart Supercenter, Home Depot, Hobby Lobby, T.J. Maxx, Ross Dress For Less, Walgreens, Chick-fil-A, Cracker Barrel, and a brand-new high-end Planet Fitness » Recently constructed (2022) drive thru property » Freddy’s Frozen Custard & Steakburgers has over 560 locations and ranks in the Top 10 of the Fastest Growing Chains in the U.S. » Guarantor is an experienced franchisee and an entity controlled by one of the largest Freddy’s franchisee » Strong performing location (contact broker for details) » Lower price point for a STNL quick-service restaurant and Freddy’s Frozen Custard & Steakhouse property