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Net Leased Freddy’s Restaurant
For Sale
Contact for pricing
Pending

138 Commerce Ave, Lagrange, GA 30241

Single-tenant Freddy’s Frozen Custard & Steakburgers property offered as a sale leaseback with an absolute triple-net lease.

Property SizeContact for details
Days on Market115

Property Features for 138 Commerce Ave

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Graystone Capital Advisors
Listed By: Brenton Baskin · License #CA 01808681
Source: Crexi
Added: Apr 13 Changed: Jul 21 Last Checked: Aug 5 at 7:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Graystone Capital Advisors

Investment Insights

Based on property information with market context.

Graystone Capital Advisors is pleased to exclusively offer for sale a single-tenant net leased Freddy’s Frozen Custard & Steakburgers property in the Atlanta MSA, located at 138 Commerce Ave, LaGrange, GA. The offering is structured as a sale leaseback.

The property is subject to a 20-year absolute triple-net lease, including 10% rental increases every five years. The lease is guaranteed by JRI Hospitality.

Key Highlights

  • Single‑tenant Freddy’s Frozen Custard & Steakburgers property offered as a sale leaseback
  • 20‑year absolute triple‑net lease
  • Lease includes 10% rental increases every five years

Property Analytics

Current Use

U-Haul Neighborhood Dealer Car Rental Facility Freddy's Frozen Custard ... Restaurant

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Plumbing Service Cafe & Coffee Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

672
Businesses Nearby
304k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 28% Shops & Services 28% Dining 25% Apparel 7%
Publix Groceries
37,647 visits/mo 0.3 miles
Kroger Groceries
32,270 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
19,726 visits/mo 0.1 miles
McDonald's Dining
18,204 visits/mo 0.2 miles
Taco Bell Dining
16,779 visits/mo 0.5 miles

Demographics for 30241, GA

25,509
Population
10,433
Households
2.4
Avg Household Size
37
Median Age
18%
College-Educated
88%
High-School Grad
112.4 sq mi
ZIP Area
227
Density / Sq Mi
$47,988
Median Household Income
$34,411
Median Earnings
$1,077
Median Rent
$167,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Fried Tomato Buffet 127 Commerce Ave suite g, LaGrange, GA 30241

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-tenant Freddy’s Frozen Custard & Steakburgers property offered as a sale leaseback with an absolute triple-net lease.
Where is this conventional restaurant located?
The property is located at 138 Commerce Ave Lagrange, GA.
What are key features of this property?
This property features: Single‑tenant Freddy’s Frozen Custard & Steakburgers property offered as a sale leaseback; 20‑year absolute triple‑net lease; Lease includes 10% rental increases every five years
(949) 942-1300 Call to check price and availability
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