Restaurant
Checkers
802 Lake Bradford Rd, Tallahassee, FL 32304
Listing Price: $2,132,091
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Checkers located at 802 Lake Bradford Road in Tallahassee, Florida. The site consists of roughly 1,978 rentable square feet of building space on estimated 0.42-acre parcel of land. This Checkers is subject to a 20-year absolute triple-net (NNN) lease, which will commence on August 1st, 2022. The annual rent will be $117,265 and is scheduled to increase by two percent (2.00%) annually throughout the base term and in each of the 4, 5-year renewal options.
Exclusively Listed By
Broker of Record
Listing Price: $2,132,091
Investment Highlights
- Long-Term, 20-Year Triple Net (NNN) Lease | Zero Landlord Responsibilities
- 2.00% Annual Rental Increases
- Four (4), Five (5)-Year Tenant Renewal Option Periods
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Checkers located at 802 Lake Bradford Road in Tallahassee, Florida. The site consists of roughly 1,978 rentable square feet of building space on estimated 0.42-acre parcel of land. This Checkers is subject to a 20-year absolute triple-net (NNN) lease, which will commence on August 1st, 2022. The annual rent will be $117,265 and is scheduled to increase by two percent (2.00%) annually throughout the base term and in each of the 4, 5-year renewal options.
Exclusively Listed By
Broker of Record
