Checkers - Corporate Guaranteed | Absolute NNN Ground Lease
Corporate Guaranteed Absolute NNN Ground Lease
Marketing description
Over 10 Years Remaining on Absolute NNN Ground Lease – Zero Landlord Responsibilities
Strong Corporate Guarantee from Checkers | Four, Five-Year Options with 10% Increases Provide for an Excellent Hedge Against Inflation
Prominent Location on Murfreesboro Road (±31,700 Cars Per Day), a Main Thoroughfare for the Area
Close Proximity to Hundreds of Manufacturing Businesses with Thousands of Employees
Investment highlights
Strong Brand Recognition | Strategic Location
Located Across from La Vergne, TN’s Industrial District Which is Home to Hundreds of Businesses Including Amazon Distribution Center, Bridgestone/Firestone Distribution Center, Home Depot Distribution Center and Many More
Checkers Corporate Operates Over 850 Locations and its Estimated Annual Revenue is $1.3 Billion Per Year
Strong Brand Recognition and Strategic Location – Located on a Main Retail Throughfare with Direct Access to Downtown Grand Rapids, MI
Highly Visible Signage and Strong Frontage on Murfreesboro Road
Strong Real Estate Fundamentals
La Vergne, TN is a Suburb of Nashville, TN (Located Just 20 Minutes from the Subject Property) | La Vergne Has a Projected Population Increase of 10% By 2025
2.5 Miles from Interstate 24 Which Provides Direct Access to Nashville, TN | Less Than 10 Miles from Nashville International Airport (BNA)
High Quality 2017 Construction
Dense, Infill Area – Over 128,511 Residents Within 5 Miles of the Subject Property | Strong Average Household Income of $75,876 Within Five Miles
Broker of Record: Jody McKibben, Lic. # TN 307629
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