1302 Wilmington Pike West Chester, PA 19382

Listing agency Graystone Capital Advisors l***@vantiscap.com Show Phone

Listed by Brenton Baskin · License #CA 01808681

Source Crexi

Added: Apr 13 Updated: Jul 22 at 4:59PM Checked: Jul 22 at 4:59PM

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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.

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

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FAQs

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