Graystone Capital Advisors is pleased to exclusively offer for sale a single tenant net leased Freddy’s Frozen Custard & Steak Burgers property located in Opelika, AL – One of the Fastest Growing MSAs in Alabama. 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. The Subject property is ideally positioned in Opelika’s primary commercial corridor and benefits from its strategic positioning near both the Tiger Town Power Center and Opelika Marketplace. -Location Within the Auburn-Opelika Metropolitan Area, One of Alabama’s Most Desirable and Fastest Growing Metro Areas with Over 160k Residents -Long Term 20-Year Lease -Absolute Triple Net Lease with No Landlord Responsibilities -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. -Freddy’s Frozen Custard & Steak Burgers Has Approximately 450 Locations -Conveniently Located Off of Hwy 280 And I-85 In A Heavy Traffic Area With ±29,345 VPD On Gateway Drive And ±58,642 VPD Traveling On I-85. -Across from Tiger Town Power Center Which Accounts For 40% of Opelika’s Sale Tax Revenue For more information on this listing, and similar listings coming to market, please contact Brenton Baskin and Julius Swolsky. Brenton Baskin | brenton@graystoneca.com Julius Swolsky | julius@graystoneca.com
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