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
Single-tenant Net-leased Asset- Sale-Leaseback
Ten Percent Bumps Every Five Years
Signalized Intersection – Hard Corner
Traffic Counts Exceeding 30,000 Cars Per Day
Award Winning Franchisee – Year After Year
Single Tenant Net Leased Asset
Healthy Rent-to-Sales Ratio
Double Drive Thru
Conveniently Located Off Of I-69
One Mile Away From Memphis Medical District (30,000 Emp.)
Five Miles Away From University Of Memphis
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