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For Sale

Checkers - Union City

4788 Jonesboro Rd,
Union City, GA 30291

Asset Snapshot

$120,000
NOI
1986
Year Built
1
Floor Count
100%
Occupancy

Offering Summary

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

How it Works

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Listing Syndicated From

Buildout
For Sale
$2,000,000
Asking Price