Freddy’s Frozen Custard &
For Sale
Contact for pricing
Pending
1302 Wilmington Pike, West Chester, PA 19382
Single-tenant net leased Freddy’s property with a 20-year absolute triple net lease and scheduled 10% rent increases every five years.
Property SizeContact for details
Days on Market115
Property Features for 1302 Wilmington Pike
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Graystone Capital Advisors
(949) 942-1300
Listed By:
Brenton Baskin · License #CA 01808681
Source:
Crexi
Added: Apr 13
Changed: Jul 22
Last Checked: Aug 2 at 8:02AM
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 West Chester, PA. The transaction is structured as a sale-leaseback with a 20-year absolute triple net lease.
The lease includes 10% rental increases every five years and is guaranteed by JRI Hospitality, the largest franchise operator of Freddy’s with +/- 80 existing locations across 15 states. JRI Hospitality’s continued growth plans are part of the lease guarantee profile.
This property is offered individually or as part of a 6-property portfolio, with the asset positioned within a dense, affluent, and growing Philadelphia MSA submarket.
The lease includes 10% rental increases every five years and is guaranteed by JRI Hospitality, the largest franchise operator of Freddy’s with +/- 80 existing locations across 15 states. JRI Hospitality’s continued growth plans are part of the lease guarantee profile.
This property is offered individually or as part of a 6-property portfolio, with the asset positioned within a dense, affluent, and growing Philadelphia MSA submarket.
Key Highlights
- Single‑tenant net leased Freddy’s Frozen Custard & Steakburgers property
- 20‑year absolute triple net lease (NNN)
- Lease includes 10% rental increases every five years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Dining 46%
Shops & Services 2%
Electronics 2%
Giant Food Store
Groceries
36,222 visits/mo
0.5 miles
Freddy's Frozen Custard & Steakburgers
Dining
19,232 visits/mo
0.1 miles
Starbucks
Dining
17,804 visits/mo
0.1 miles
Fine Wine & Good Spirits
Groceries
4,975 visits/mo
0.4 miles
Duck Donuts
Dining
2,015 visits/mo
0.4 miles
Demographics for 19382, PA
52,498
Population
21,798
Households
2.4
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
46.1 sq mi
ZIP Area
1,139
Density / Sq Mi
$126,159
Median Household Income
$58,596
Median Earnings
$1,788
Median Rent
$542,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant net leased Freddy’s property with a 20-year absolute triple net lease and scheduled 10% rent increases every five years.
Where is this conventional restaurant located?
The property is located at 1302 Wilmington Pike West Chester, PA.
What are key features of this property?
This property features: Single‑tenant net leased Freddy’s Frozen Custard & Steakburgers property; 20‑year absolute triple net lease (NNN); Lease includes 10% rental increases every five years
