Investment Overview
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 7.5% 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.
Investment Highlights
- New construction completed in 2024
- 15 year absolute NNN lease - 7.5% 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
- 110,789 residents within a 5-mile radius, boasting an impressive average
- household income of $81,531 with 19% growth projected in the next 5-years