Freddy's Frozen Custard 138 Commerce Ave

Investment Highlights

Located Within the Atlanta MSA in An Affluent and Rapidly Expanding Area Absolute Triple Net Lease with No Landlord Responsibilities Additional Retailers Located Include Walmart Supercenter, Target, Home Depot, Publix, Sprouts, Kroger, And Many More Long-Term 20-Year Lease | 10% Rental Increases Every Five Years Strategically Positioned Next to a Signalized Hard Corner as Outparcel to Walmart

Executive Summary

Graystone Capital Advisors is pleased to exclusively offer for sale a single tenant net leased Freddy?s Frozen Custard & Steakburgers property located in the Atlanta MSA. This Freddy?s sale leaseback features a 20-year absolute triple net lease that includes 10% rental increases every five years. The lease is guaranteed by JRI Hospitality, the largest franchise operator of Freddy?s with +/- 80 existing locations across 15 states and plans for additional growth.This property can be purchased individually or as part of an 6-property portfolio.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    1,338
• Building Class    C
• Year Built    2023
• Price    2,632,000
• Price Per SF    1,967
• Cap Rate    5.70
• NOI    150,024
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.04
• Land Acres    0.84 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.