Checkers
$1,140,000
806 U.S. 72, Corinth, MS 38834
7.02
Cap Rate
80,000
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 Hwy 72 Which Has Daily Traffic Counts Exceeding 24,000 Vehicles
- Situated Within a Retail Corridor and Surrounded by National Retailers Including Arby's, Belk, KFC, Kroger, Taco Bell, and Wendy's
- 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 presents a 25-year absolute NNN sale-leaseback, offering investors zero landlord responsibilities and a reliable, long-term income stream. Positioned along Hwy 72, the property benefits from prime visibility with 24,000+ daily vehicles and is surrounded by major national retailers, including Arby’s, Belk, KFC, Kroger, Taco Bell, and Wendy’s. Featuring a double drive-thru, walk-up window, and outdoor patio, the site is designed for maximum efficiency, customer convenience, and high traffic volume. Backed by a proven operator with 30+ years of experience and a nationwide brand with 820+ locations across 28 states, this investment offers strong credit tenancy in a thriving retail corridor.
Corinth is a city in and the county seat of Alcorn County, Mississippi, United States. Home of many historical places such as Downtown Corinth Historic District, the Union Earthworks, and the Veranda House (also known as the Curlee House)—built in 1857, it served as headquarters for Confederate generals during the Battle of Corinth. Corinth serves as a prime location for many events and a unique tourist stop.
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