Commercial Real Estate Florida

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EXCLUSIVE LISTING

Checkers w/ Drive Thru

In Florida

INVESTMENT HIGHLIGHTS

  • Checkers Drive-In Restaurants, Inc. corporate guaranteed Absolute NNN leases with 10% rental increases every 5 years throughout the intial terms and at the beginning of each option period
  • Long-term commitment to the site by extending their original 20-year term to a new 10+ year term
  • Strong store sales (Contact agent for details)

Lakeland

PRICE: $921,000 | CAP RATE: 5.40%

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  • Situated at the hard corner intersection of E. Edgewood Drive and Florida Ave (cominbed 61,100 VPD)
  • Nearby national/credit tenants including a 24-hour Walmart Supercenter,  Target, Hobby Lobby, Publix Supermarket, and more | Located 2.5 miles away is Lakeside Village, a 558,000 square foot retail shopping center with anchor tenants Belk, Bed Bath & Beyond, and Kohls

  • Nearly 146,000 residents and 75,000 employees support the trade area

Tampa

PRICE: $1,058,000 | CAP RATE: 5.40%

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  • Situated at the hard corner intersection of E. 7th Avenue and US Highway 41 (48,600 combined VPD) | Less than a quarter mile away from Interstate 4 (155,000 VPD)
  • Nearby national/credit tenants include Advanced Auto Parts, Dollar General, Family Dollar, AutoZone, and more | 4 miles from downtown Tampa
  • Nearly 200,000 residents and 163,000 employees in the 5-mile trade area

 

EXCLUSIVELY MARKETED BY

Matthew Mousavi

Managing Principal,
National Net Lease Group

 

matthew.mousavi@srsre.com

DL: 949.698.1116 | M: 714.404.8849

CA License #01732226

Patrick R. Luther, CCIM

Managing Principal,
National Net Lease Group

 

patrick.luther@srsre.com

DL: 949.698.1115 | M: 480.221.4221

CA License #01209944

Broker of Record: John Artope - FL License No. BK3172617

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