Checkers - Single Tenant Absolute NNN 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

Description:

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.

This property is strategically located in Tampa, Florida, just off the intersection of Waters Avenue and U.S. Highway 41. This highly visible corridor sees more than 30,000 vehicles daily, ensuring consistent exposure and easy accessibility. The property sits in a thriving North Tampa market that combines established neighborhoods with strong retail and commercial activity.

Only minutes from the University of South Florida, Busch Gardens, Adventure Island, and the Museum of Science and Industry, the site benefits from steady traffic generated by both local residents and regional visitors. Quick access to I-275 and I-4 further enhances connectivity, linking the location to Downtown Tampa, the Westshore business district, and the greater Tampa Bay region. Surrounding businesses include national retailers, restaurants, service providers, and community amenities.

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