Checkers
$1,370,000
620 Carriage House Dr, Jackson, TN 38305
7.01
Cap Rate
96,000
NOI
Details:
Highlights:
- Absolute NNN Lease | Zero Landlord Responsibilities
- 25-Year Sale Leaseback Commencing at Close of Escrow
- Newly Constructed Site Equipped with Outdoor Patio
- Proven Operator with Over 30 Year of Experience in the Industry
- Excellent Visibility with Frontage and Signage Along Carriage House Dr Which Has Daily Traffic Counts Exceeding 10,200 Vehicles
- Situated Within a Retail Corridor and Surrounded by National Retailers Including Arby's, Burger King, McDonald's, Subway, and Taco Bell
- Easily Accessible Featuring a Convenient Double Drive-Thru and Walk-Up Window
- Checkers and Rally's Operate Over 820 Locations in 28 States
Description:
This newly constructed Checkers & Rally’s offers a 25-year absolute NNN sale-leaseback, providing zero landlord responsibilities and a secure, long-term income stream. Located along Carriage House Dr, the property enjoys excellent visibility with 10,200+ daily vehicles and is strategically positioned within a busy retail corridor surrounded by national retailers like Arby’s, Burger King, McDonald's, Subway, and Taco Bell. Featuring a double drive-thru, walk-up window, and outdoor patio, the site is designed for high traffic and maximum customer convenience. Backed by a proven operator with over 30 years of experience and a national brand with 820+ locations across 28 states, this investment offers long-term stability in a highly accessible location.
Jackson is a city in and the county seat of Madison County, Tennessee, United States. Located 70 miles (110 km) east of Memphis, it is a regional center of trade for West Tennessee. Its total population was 68,205 as of the 2020 United States census. Jackson is the primary city of the Jackson, Tennessee metropolitan area, which is included in the Jackson-Humboldt, Tennessee combined statistical area. Jackson is Madison County's largest city, and the second-largest city in West Tennessee after Memphis.
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