New Freddy's NNN Investment
1701 Capps Landing Opelika, AL 36804
1701 Capps Landing, Opelika, AL, 36804
Contact for pricing
For Sale
Contact for pricing
Pending
New 20-year NNN lease with zero landlord responsibilities.
Property Size3,480 SF
Days on Market664
Property Features for 1701 Capps Landing
General Information
- Standard status
- Pending
- Size
- 3,480 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2021
Listing Agency
Graystone Capital Advisors
Listed by
Brenton Baskin · License #CA 01808681
Source
Crexi
Added: Sep 26, 2024 Updated: Jul 10 at 3:43 pm Checked: Jul 20 at 4:37 am
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Investment Insights
Based on property information with market context.
This property presents the opportunity to acquire a brand-new 20-year absolute triple-net (NNN) sale-leaseback investment. The property is leased to Freddy’s Frozen Custard & Steakburgers and guaranteed by JRI Hospitality, its largest franchisee. Situated in Opelika’s primary retail area, the property offers high visibility on Gateway Drive, with direct access to Interstate 85. Located across from the Tiger Town Power Center, a retail hub responsible for approximately 40% of Opelika’s total sales tax revenue, the asset benefits from regional draw and consistent consumer traffic. The property size is 3480 square feet. The investment structure is passive, requiring zero landlord responsibilities, and includes long-term contractual rent increases. The location benefits from strong market fundamentals within the high-growth Auburn–Opelika MSA.
Key Highlights
- Brand‑new 20‑year absolute triple‑net (NNN) lease with zero landlord responsibilities.
- Leased to Freddy’s Frozen Custard & Steakburgers and guaranteed by JRI Hospitality, the brand’s largest franchisee.
- Located in Opelika’s dominant retail corridor with exceptional visibility along Gateway Drive and direct access to Interstate 85.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Freddy's Frozen Custard ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - New 20-year NNN lease with zero landlord responsibilities.
Where is this conventional restaurant located?
The property is located at 1701 Capps Landing Opelika, AL.
What is the asking price?
The asking price for this property is $2,735,000.
What are key features of this property?
This property features: Brand‑new 20‑year absolute triple‑net (NNN) lease with zero landlord responsibilities.; Leased to Freddy’s Frozen Custard & Steakburgers and guaranteed by JRI Hospitality, the brand’s largest franchisee.; Located in Opelika’s dominant retail corridor with exceptional visibility along Gateway Drive and direct access to Interstate 85.
