Freddy’s Net-Leased
For Sale
Contact for pricing
Pending
1699 Capps Landing, Opelika, AL 36804
Single-tenant sale-leaseback with a 20-year absolute triple net lease and rental increases every five years, guaranteed by JRI Hospitality.
Property SizeContact for details
Days on Market149
Property Features for 1699 Capps Landing
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Graystone Capital Advisors
Listed By:
Brenton Baskin · License #CA 01808681
(949) 942-1300
Source:
Crexi
Added: Apr 11
Changed: Aug 25
Last Checked: Aug 29 at 12:37PM
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 Opelika, Alabama. This sale-leaseback is structured with a 20-year absolute triple net lease that includes 10% rental increases every five years. The lease is guaranteed by JRI Hospitality, which the seller notes is the largest Freddy’s franchise operator, with approximately 80 existing locations across 15 states.
The subject site is positioned in Opelika’s primary commercial corridor and is described as benefiting from proximity to Tiger Town Power Center and Opelika Marketplace, along with placement on the game-day traffic route. According to the provided materials, the property is within roughly 1.5 miles of both Opelika’s Central Business District and East Alabama Medical Center, and approximately 5 miles from Auburn University. The expanded trade area supported by the offering materials includes a 10-mile radius population of 111,193 and an average household income of $72,157.
The subject site is positioned in Opelika’s primary commercial corridor and is described as benefiting from proximity to Tiger Town Power Center and Opelika Marketplace, along with placement on the game-day traffic route. According to the provided materials, the property is within roughly 1.5 miles of both Opelika’s Central Business District and East Alabama Medical Center, and approximately 5 miles from Auburn University. The expanded trade area supported by the offering materials includes a 10-mile radius population of 111,193 and an average household income of $72,157.
Key Highlights
- Single‑tenant Freddy’s Frozen Custard & Steakburgers sale‑leaseback in Opelika, AL
- 20‑year absolute triple net lease with 10% rental increases every five years
- Lease guaranteed by JRI Hospitality (Freddy’s franchise operator with +/- 80 locations across 15 states)
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Krispy Krunchy Chicken
Dining
1,516 visits/mo
0.1 miles
Demographics for 36804, AL
20,687
Population
8,515
Households
2.4
Avg Household Size
39
Median Age
32%
College-Educated
86%
High-School Grad
197.2 sq mi
ZIP Area
105
Density / Sq Mi
$57,842
Median Household Income
$42,942
Median Earnings
$802
Median Rent
$178,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant sale-leaseback with a 20-year absolute triple net lease and rental increases every five years, guaranteed by JRI Hospitality.
Where is this nnn property located?
The property is located at 1699 Capps Landing Opelika, AL.
What are key features of this property?
This property features: Single‑tenant Freddy’s Frozen Custard & Steakburgers sale‑leaseback in Opelika, AL; 20‑year absolute triple net lease with 10% rental increases every five years; Lease guaranteed by JRI Hospitality (Freddy’s franchise operator with +/- 80 locations across 15 states)
