Checkers - Single Tenant Absolute NNN Investment

Investment Overview

Excellently located in the North Tampa/University of South Florida market, this 800 ± SF Checkers restaurant with a double drive-thru sits at the intersection of Waters Avenue and U.S. Route 41, offering visibility to more than 32,000 cars each day. The site is surrounded by well-known attractions including Busch Gardens, Adventure Island, and the Museum of Science and Industry, with quick access to I-275.

Investment Highlights

• Five year absolute NNN Ground Lease
• Zero landlord responsibility
• Corporate guarantee
• Two - 5 year options
• 10% increases every 5 years
• 3.5 years remaining on current lease
• 33+ years operating history
• Built 1993