Freddy’s Net-Leased
1699 Capps Landing Opelika, AL 36804
1699 Capps Landing, Opelika, AL, 36804
Contact for pricing
For Sale
Contact for pricing
Pending
Single-tenant sale-leaseback with a 20-year absolute triple net lease and rental increases every five years, guaranteed by JRI Hospitality.
Days on Market102
Property Features for 1699 Capps Landing
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
CrownPoint Partners
(949) 942-1300
Listed by
Julius Swolsky · License #02074212
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 11:54PM Checked: Jul 20 at 11:54PM
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 CrownPoint Partners
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
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
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)
