Net-Leased Freddy's
For Sale
Contact for pricing
Pending
2420 S 9th St, Salina, KS 67401
Single-tenant net leased Freddy’s property offered for sale with a 20-year absolute triple net lease.
Property SizeContact for details
Days on Market117
Property Features for 2420 S 9th St
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 11
Changed: Jul 23
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 at 2420 S 9th St in Salina, KS. The sale leaseback is structured with a 20-year absolute triple net lease and includes 10% rental increases every five years. Lease obligations are guaranteed by JRI Hospitality.
Salina is described as a regional trade center for north-central Kansas and one of the world’s largest wheat-producing areas. The offering materials note the MSA has over 59,000 people, with distances of approximately 90 miles north of Wichita and 170 miles west of Kansas City.
The property may be purchased individually or as part of a 13-property portfolio.
Salina is described as a regional trade center for north-central Kansas and one of the world’s largest wheat-producing areas. The offering materials note the MSA has over 59,000 people, with distances of approximately 90 miles north of Wichita and 170 miles west of Kansas City.
The property may be purchased individually or as part of a 13-property portfolio.
Key Highlights
- Single‑tenant net leased Freddy’s Frozen Custard & Steakburgers property in Salina, KS
- 20‑year absolute triple net lease
- Lease includes 10% rental increases every five years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
436k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 24%
Apparel 20%
Groceries 15%
Dillons
Groceries
45,369 visits/mo
0.3 miles
Marshalls
Apparel
41,171 visits/mo
0.4 miles
Chick-fil-A
Dining
37,950 visits/mo
0.1 miles
Hobby Lobby
Shops & Services
35,837 visits/mo
0.5 miles
Casey's
Shops & Services
34,113 visits/mo
0.4 miles
Demographics for 67401, KS
50,338
Population
22,434
Households
2.2
Avg Household Size
39
Median Age
29%
College-Educated
93%
High-School Grad
252.0 sq mi
ZIP Area
200
Density / Sq Mi
$62,603
Median Household Income
$36,995
Median Earnings
$913
Median Rent
$172,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Hong Kong Buffet — 2515 Market Pl, Salina, KS 67401
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant net leased Freddy’s property offered for sale with a 20-year absolute triple net lease.
Where is this conventional restaurant located?
The property is located at 2420 S 9th St Salina, KS.
What are key features of this property?
This property features: Single‑tenant net leased Freddy’s Frozen Custard & Steakburgers property in Salina, KS; 20‑year absolute triple net lease; Lease includes 10% rental increases every five years
