Checkers

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 City Ave S Which Has Daily Traffic Counts Exceeding 13,000 Vehicles
• Situated Directly Across from Walmart and Surrounded by National Retailers Including Burger King, CVS, KFC, McDonald's, Taco Bell, Sonic and Subway
• 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, ensuring zero landlord responsibilities and a stable, long-term income stream. Strategically located on City Ave S, the property boasts prime visibility with frontage along a high-traffic corridor exceeding 13,000 daily vehicles and sits directly across from Walmart, surrounded by major national retailers like McDonald's, Taco Bell, and CVS. Designed for efficiency, the site features a double drive-thru and walk-up window, enhancing accessibility and maximizing customer throughput. Backed by a proven operator with 30+ years of experience and a national brand with 820+ locations across 28 states, this investment offers a secure and high-performing asset in a strong retail market.

Nestled in the heart of charming Ripley, MS, the area surrounding the property embodies a perfect blend of community atmosphere and commercial opportunity. Prospective Retail / Street Retail investors will find themselves in close proximity to the vibrant downtown district, offering a rich tapestry of local shops, eateries, and entertainment venues. The area's accessibility and favorable demographics make it an appealing choice for retail endeavors. Nearby attractions such as the Tippah County Historical Museum and the Ripley Country Club enhance the area's allure, presenting a promising investment opportunity for those seeking a prime location in a welcoming and bustling community. As well as right next to Ripley High School.