8 North Broad Street, Mobile, AL 36602 For Sale

Vero Capital Group is pleased to present the exclusive offering of a single-tenant Checkers Drive-In Restaurant located at 8 North Broad Street in downtown Mobile, Alabama. The restaurant is operated directly by Checkers Drive-In Restaurants, Inc. on a corporate basis — and is subject to an absolute NNN lease with approximately 9.4 years of remaining term on the base period, plus two additional five-year renewal options extending the investment through 2045, providing investors with a passive ownership structure backed by corporate credit.

The restaurant building was originally constructed in 1988, demonstrating a long-term operating history and sustained performance within its local trade area. The property features a well-located site within an established retail corridor at the signalized intersection of North Broad Street, one of downtown Mobile's busiest thoroughfares.

The site benefits from strong visibility, convenient access, and proximity to major traffic drivers — including AADT of 22,000+ on North Broad Street, 23,000+ on Government Street, and close proximity to Interstate 10 — that support consistent customer demand.

The surrounding area includes a mix of national retailers, regional businesses, and local service providers, including Walgreens, CVS Pharmacy, Winn-Dixie, and several competing quick-service restaurants, that generate steady daily traffic.

With a long-term corporate lease in place featuring 10% rent increases every five years, the property presents an attractive opportunity to acquire a stable, cash-flowing quick-service restaurant investment backed by a nationally recognized brand.