1456 Newnan Xing E Blvd Newnan, GA 30265-1650

This exceptional investment opportunity presents a 20-year absolute triple-net (NNN) lease for a Freddy's Frozen Custard & Steakburgers restaurant in Newnan, Georgia. Located within the Atlanta MSA, this property sits on a 1.01-acre lot in the $150 million Newnan Village Crossing development, a 125-acre multi-use project along I-85. The 2022-built, 100% occupied restaurant benefits from a strong tenant, JRI Hospitality, the largest Freddy's franchisee with over 80 locations. The lease includes 10% rent increases every five years, providing consistent growth potential. The property enjoys a prime location on a hard corner adjacent to a Kroger-anchored center, Summerlin Corners, and is surrounded by other major retailers including Publix, CVS, Walmart, Lowe's, and Home Depot. This high-traffic area boasts affluent demographics, with average household incomes nearing $100,000 and projected annual population growth of approximately 2.7% within a one-mile radius over the next five years. The asking price is $2,985,000, representing a 5.70% cap rate and a net operating income (NOI) of $170,000. The lease has a remaining term of 20 years with renewal options available in 4-5 year increments. This is a rare opportunity to acquire a high-performing, low-maintenance investment property in a thriving market.