Checkers Fast Food Net Lease Absolute NNN Mississippi

Investment Offering

Tenant: Checkers | Pascagoula, MS
Premises: 824 SF
Renewal Options: 1 x 5 Years

Lease Expiration: 12/31/2038
Lease Type: Absolute NNN Ground Lease
Rental Increases: 10% Every 5 Years & At Option

Sands Investment Group is Pleased to Exclusively Offer This Fast Food Net Lease Investment Opportunity Located in Pascagoula, Mississippi.

Absolute Triple Net (NNN), 20 Year Corporate Guaranteed Lease With Zero Landlord Responsibilities
10% Rent Increases Every 5 Years and At Option
Strategically Located Along a Major Retail Artery for Pascagoula – Over 41,000 VPD and Just 5 Minutes From the 24-Hour Walmart Supercenter
Excellent Visibility With Many Access Points and a Drive Through Lane for Customer Convenience
Outparcel to the Chicot Crossing Shopping Center, Anchored By Office Depot, Save-A-Lot, Dollar Tree and Cato Fashions
1-Mile East of Singing River Hospital – Full Service Hospital With 435 Beds
Strong Demographics With 33,305 Residents Making an Average Household Income of $50,948 in a 3-Mile Radius
Just 10 Minutes to the Pascagoula Beach Park at the Gulf of Mexico
Nearby Tenants Include: 24 Hour Walmart Supercenter, Lowe’s Home Improvement, Planet Fitness, Big Lots, Burkes Outlets, Dollar Tree, Save-A-Lot Food Stores, UPS, Exxon, Enterprise, Hilton Garden Inn and More

In Cooperation with JDS Real Estate Investment Services, Inc.

Jennifer D. Stein – MS Lic #21201

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Tenant Overview

Checkers Drive-In Restaurants, Inc. burst onto the burger scene with their over-the-top flavors in 1986 in Mobile, Alabama. After successfully opening and maintaining 200+ restaurant chain businesses in several Midwestern and Southeastern states, in 1999 Checkers & Rally’s brought their passion for big flavor together. This successful merger made Checkers the largest double drive thru restaurant chain in the country. Which in turn helped bolster both the Checkers & Rally’s brands on all fronts. Today Checkers & Rally’s have more than 870 restaurants open in the United States. And with the hard-working, can-do attitude that every Checkers & Rally’s employee and franchisee brings to work with them every day, they’re only certain to grow even more. They specialize in hamburgers, hot dogs, french fries, and milkshakes. The company operates Checkers and Rally’s restaurants are located in 28 states and the District of Columbia.

Area Overview