Freddy’s Frozen Custard Freddy's Absolute NNN Restaurant Louisiana

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,170 SF Freddy’s Absolute NNN Lease Investment Located at 6464 Siegen Lane in Baton Rouge, Louisiana. This Deal Includes Almost 12 Years Left Remaining on an Absolute Triple Net (NNN) Lease, Providing For a Secure Investment.

• Absolute Triple Net (NNN) Lease Allows For a Completely Passive Investment
• Lease is Personally Guaranteed By the CEO of JRI Hospitality and Four Other Individuals
• JRI Hospitality Owns and Operates Over 70 Restaurants in 11 States Including Freddy’s Frozen Custard & Steakburgers, Mokas Café, The Original Grande and Chompie’s Restaurants
• The Location is a Outparcel to LA Fitness
• The Site Has Superior Access to Siegen Lane With Two Curb Cuts Allowing For Customers to Move In and Out Easily
• Freddy’s Plans to Open 50 Stores in 2021; Freddy’s Was Named the “Best Franchise to Buy in America” By Forbes Magazine For the Second Year in a Row and Was Named One of QSR Magazine’s 2019 “Best Franchise Deals”
• In March of 2021, Thompson Street Capital, a St Louis Based $2.6 Billion Private Equity Fund, Purchased Freddy’s Frozen Custard & Steakburgers; Thompson Will Accelerate Franchise Development Nationally While Increasing Focus on Marketing and Technology Deployment to Enable Best Operational Practices Across All Restaurants
• Robust Daytime Population Boasts Nearly 90,000 Employees and 8,700 Companies Within a 3-Mile Radius
• Baton Rouge is the 2nd Largest City in the State of Louisiana With Over 225,374 Residents
• Average Household Income of $116,542 Within a 1-Mile Radius, $99,325 Within a 3-Mile Radius and $100,083 Within a 5-Mile Radius
• Strategically Located on a High-Value Outparcel in a Desirable Area Off Siegen Lane (Over 40,000 VPD), Which is Directly Off I-10 and Runs North to I-12 (Over 107,000 VPD)
• Growing QSR Concept With Over 400 Locations Across 31 States; The Company’s Investments Resulted in Sustainable, Strong Sales Performance Systemwide, With Year-Over-Year Sales Growth Coming in at a 21.2% Increase From 2019 to 2020
• Located on the Eastern Bank of the Mississippi River, Baton Rouge is the Capital of Louisiana and is the 2nd Largest City in LA After New Orleans; It is Home to the Louisiana State University Which Serves Over 30,000 Students
• Nearby Tenant Includes: Target, HomeGoods, Ross, Hobby Lobby, Academy Sports, Chase Bank, Raising Cane’s, Big Lots, Starbucks, Ross, IHOP, Olive Garden, Chick-fil-A and More

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