The Ben-Moshe Brothers of Marcus & Millichap are pleased to offer this Checkers property paired with an absolute net 15-Year lease with zero landlord responsibilities (NNN triple-net investment).
Checkers Drive-In Restaurants, Inc., is one of the largest chains of double drive-thru restaurants in the United States. The company operates Checkers and Rally's restaurants in 28 states and the District of Columbia. They specialize in hamburgers, hot dogs, french fries, and milkshakes.
INVESTMENT HIGHLIGHTS
Brand New 15-Year Lease - Sale-Leaseback
Absolute Triple-Net (NNN)- Zero Landlord Responsibilities
Single-tenant Net-Leased Asset
Brand New Construction and Prototype
100+ Multi-Unit Award Winning Operator
Five percent Bumps Every Five Years
Signalized Corner – Hard Corner
Traffic Counts Exceeding 50,000 Vehicles Per Day
Award Winning Franchisee –Year After Year
Single Tenant Net Leased Asset
Healthy Rent-to-Sales Ratio
Double Drive-Thru
Over 250,000 Daytime Population In 5 Miles
Minutes From Fedex Ship Center –10,000 Employees
Nike World Distribution Center |$301m Investment 2015
Fedex Worldwide Headquarters |$1b Investment In 2018
New Amazon Fulfillment Center |$72m Investment In 2018
Directly In Front Massive Industrial & High Employment Area
