Checkers - Union City
Retail | 6.00% CAP | 800 SF
Marketing description
This investment opportunity offering is an excellent opportunity to acquire newly developed free-standing Checkers, located in Union City, Georgia. This location comes with a new 15 year NNN lease with Checkers that includes 10% increases every 5 years, and two 5-year options. The franchisee is based in Atlanta, and currently operates Popeyes, Tim Hortons, Moe's, & Checkers locations.
Union City, a suburb just 15 minutes south of Downtown Atlanta, is strategically located approximately 10 miles from the world's busiest airport, HartsfieldJackson International Airport. Major corporations are drawn to the area, evident by the presence of massive distribution centers and job opportunities. Significant development has continued to happen in the area, with projects planned in collaboration with Aerotropolis Atlanta Alliance. Porsche's $100 million North American headquarters and the construction of Union Station Business Center highlight the area's growth. The proliferation of new car dealerships underscores Union City's importance as a retail hub.
Investment highlights
New construction completed in 2024
15 year absolute NNN lease - 10% increases every 5 years with 2 x 5 year options
Strong store sales since opening
Sale leaseback with a strong franchisee- Operates Popeye's, Tim Hortons, Checkers, & Moe's
Excellent visibility and accessibility for customers, and an ideal location right off I-85 on the main retail artery
High traffic: 33,000+ cars per day on Jonesboro Road, GA 138
108,248 residents within a 5-mile radius, boasting an impressive average household income of $85,128 with 27% growth projected in the next 5-years
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