Entity Owned Property summary
This exceptional investment opportunity presents a fee simple interest (ground lease) in a 3,332 square foot Freddy's Frozen Custard & Steakburgers restaurant located at 1770 Scenic Hwy N, Snellville, GA 30078. The property sits on a 1.35-acre lot and boasts a 5.40% cap rate with a current NOI of $164,890. The absolute NNN ground lease features a 15-year term commencing August 1, 2016, and expiring July 31, 2031, with 6.7 years remaining and three 5-year options to extend. The lease includes… 10% rent bumps every five years and at the beginning of each option period, providing built-in rent growth and inflation protection. The tenant, a franchisee of JRI Hospitality, is the largest Freddy's franchisee, operating over 80 restaurants across 15 states. This prime location is situated on a signalized, hard corner intersection of Scenic Highway North and Tree Lane, averaging 57,400 vehicles daily. The property benefits from a dense retail corridor with strong tenant synergy, including nearby national retailers such as Chipotle, Outback, Zaxby's, McDonald's, Kroger, Home Depot, Target, Best Buy, Ross, Lowe's, and Walmart. The 5-mile trade area boasts over 195,000 residents and 43,000 employees, with an affluent average household income exceeding $130,000 within a 1-mile radius. The property offers a management-free investment opportunity with zero landlord responsibilities, as the tenant covers all CAM, taxes, and insurance. This is an ideal investment for a passive investor seeking strong returns and long-term stability. The asking price is $3,050,000, representing a price per square foot of $915.37. Built in 2016, the property enjoys 100% occupancy.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 9 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 11 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,332 SF
- Lot area
- 1.35 ac
- Year built
- 2016
- Stories
- 1
- APN
- 5-056 -367
- Zoning
- BG-GENERAL BUSINESS
- Assessed value · 2023
- $884,800
- Annual tax · 2023
- $28,402
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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