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
Award Winning Franchisee – Year After Year
Healthy Rent-to-Sales Ratio
Increasing Sales – Year Over Year
Located On Main Retail Corridor – Trophy Location
Located Inside Kroger Anchored Shopping Center
Directly Across Lowes And Costco
175,000 Residents Within 5 Miles |165,000 Day Time
Average Household Income Over $90,000
Directly Across FedEx Worldwide Headquarters |$1B Investment In 2018
Nike World Distribution Center |$301M Investment 2015
New Amazon Fulfillment Center |$72M Investment In 2018
