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
Absolute Triple-Net (NNN)- Zero Landlord Responsibilities
This Store is Scheduled for a Remodel
100+ Multi-Unit Award Winning Operator
Single-tenant Net-leased Asset
Signalized Intersection – Hard Corner
Traffic Counts Exceeding 50,000 Vehicles Per Day
Sale-Leaseback
Award Winning Franchisee – Year After Year
Award Winning Store – Record Breaking Sales
Healthy Rent-to-Sales Ratio
Two Drive Thrus
3 Miles From Strayer University | Over 3,063 Undergrads
98,000 Residents In 3 Miles | 120,605 Daytime Population
Nike World Distribution Center | $301m Investment 2015
Fedex Worldwide Headquarters | $1b Investment In 2018
New Amazon Fulfillment Center | $72m Investment In 2018
