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Freddy's Single-Tenant NNN Property
For Sale
Contact for pricing
Pending

4845 Calhoun Memorial Hwy, Easley, SC 29640

Freestanding restaurant investment with an absolute triple-net lease and access from multiple surrounding roadways.

Property SizeContact for details
Days on Market144

Property Features for 4845 Calhoun Memorial Hwy

General Information

Standard status Pending
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Graystone Capital Advisors
Listed By: Brenton Baskin · License #CA 01808681
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Apr 11 at 4:09PM

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.

This single-tenant Freddy’s Frozen Custard & Steakburgers property in Easley, South Carolina, is offered through a sale-leaseback structure. The asset is subject to a 20-year absolute triple-net lease, with 10% rental increases every five years. Lease obligations are guaranteed by JRI Hospitality, which operates approximately 80 Freddy’s locations across 15 states.

The property occupies a signalized corner along US 123, with direct connectivity to South Carolina Hwy 93 and access from Rolling Hills Circle. Multiple ingress and egress points support arrival from the surrounding road network. The site is adjacent to Easley Town Center, a 630,000 SF regional power center anchored by Walmart Supercenter, Sam’s Club, Kohl’s, Academy Sports, and Tractor Supply.

The property may be acquired individually or included in a 13-property portfolio.

Key Highlights

  • 20‑year absolute triple‑net lease with 10% rental increases every five years
  • Lease guarantee from JRI Hospitality, with +/- 80 Freddy’s locations across 15 states
  • Signalized corner along US 123 with direct access to South Carolina Hwy 93

Property Analytics

Current Use

Freddy's Frozen Custard ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Garden Center Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby
388k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 26% Superstores 26% Apparel 24% Dining 17%
Sam's Club Superstores
99,401 visits/mo 0.5 miles
Academy Sports + Outdoors Apparel
60,850 visits/mo 0.5 miles
QuikTrip Shops & Services
60,436 visits/mo 0.3 miles
Sam's Club Gas Station Shops & Services
29,107 visits/mo 0.4 miles
Aldi Groceries
20,117 visits/mo 0.2 miles

Demographics for 29640, SC

32,191
Population
14,096
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
84%
High-School Grad
85.7 sq mi
ZIP Area
376
Density / Sq Mi
$60,596
Median Household Income
$35,610
Median Earnings
$952
Median Rent
$197,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding restaurant investment with an absolute triple-net lease and access from multiple surrounding roadways.
Where is this nnn property located?
The property is located at 4845 Calhoun Memorial Hwy Easley, SC.
What are key features of this property?
This property features: 20‑year absolute triple‑net lease with 10% rental increases every five years; Lease guarantee from JRI Hospitality, with +/- 80 Freddy’s locations across 15 states; Signalized corner along US 123 with direct access to South Carolina Hwy 93
(949) 942-1300 Call to check price and availability
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