ground lease opportunity

Checkers | Buffalo, NY

Sands Investment Group is Pleased to Present Exclusively For Sale a Recently Renovated Checkers Ground Lease Opportunity Located in Buffalo, New York. With Over 5 Years Remaining on an Absolute Triple Net (NNN) Ground Lease With Exceptionally Strong Sales and a Low Rent Per Square Foot, This Opportunity Provides For Secure Passive Income From an Established Tenant Located Within an Infill Market.

  • Low Rent on an Absolute Triple Net (NNN) Ground Lease With Zero Landlord Responsibilities
  • Extremely Strong Sales of Nearly $1,700 Per Square Foot and the Sales Have Increased in 2020 By 14% Year Over Year
  • This is a COVID-19 Resistant Business Operating as a Drive Thru Only
  • Checkers Has Paid its Full Rent Throughout the Pandemic
  • Franchisee Was Named “Franchisee of the Year” at the Checkers and Rally’s Annual Conference in 2017
  • Seasoned Operator With Multiple Units
  • Located Along Elmwood Avenue Which Sees Over 29,300 Vehicles Per Day
  • Strong Demographics – Population Exceeds 326,814 Residents Within a 3-Mile Radius
  • Located Less Than 2-Miles From SUNY Buffalo State College With Over 8,000 Students
  • Nearby Tenants Include: Home Depot, PetSmart, Target, LA Fitness, McDonalds, ALDI, Starbucks, Big Lots, Dollar Tree, Kohl’s and Many More
In Cooperation With SIG RE Services NY LLC
Lic. # 10991233211 BoR: Andrew Ackerman – Lic. # 10491210161

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities