Vacant-User
Checkers - Corporate Guaranteed | Absolute NNN Ground Lease
5062 Murfreesboro Rd, La Vergne, TN 37086
Listing Price: $1,400,000
Investment Overview
Strong Brand Recognition | Strategic Location
- Located Across from La Vergne, TN’s Industrial District Which is Home to Hundreds of Businesses Including Amazon Distribution Center, Bridgestone/Firestone Distribution Center, Home Depot Distribution Center and Many More
- Checkers Corporate Operates Over 850 Locations and its Estimated Annual Revenue is $1.3 Billion Per Year
- Strong Brand Recognition and Strategic Location – Located on a Main Retail Throughfare with Direct Access to Downtown Grand Rapids, MI
- Highly Visible Signage and Strong Frontage on Murfreesboro Road
Strong Real Estate Fundamentals
- La Vergne, TN is a Suburb of Nashville, TN (Located Just 20 Minutes from the Subject Property) | La Vergne Has a Projected Population Increase of 10% By 2025
- 2.5 Miles from Interstate 24 Which Provides Direct Access to Nashville, TN | Less Than 10 Miles from Nashville International Airport (BNA)
- High Quality 2017 Construction
- Dense, Infill Area – Over 128,511 Residents Within 5 Miles of the Subject Property | Strong Average Household Income of $75,876 Within Five Miles
Checkers - Corporate Guaranteed | Absolute NNN Ground Lease
Investment Highlights
- Over 10 Years Remaining on Absolute NNN Ground Lease – Zero Landlord Responsibilities
- Strong Corporate Guarantee from Checkers | Four, Five-Year Options with 10% Increases Provide for an Excellent Hedge Against Inflation
- Prominent Location on Murfreesboro Road (±31,700 Cars Per Day), a Main Thoroughfare for the Area
- Close Proximity to Hundreds of Manufacturing Businesses with Thousands of Employees
Exclusively Listed By
Broker of Record
Financing By
Vacant-User
Checkers - Corporate Guaranteed | Absolute NNN Ground Lease
Listing Price: $1,400,000
Investment Highlights
- Over 10 Years Remaining on Absolute NNN Ground Lease – Zero Landlord Responsibilities
- Strong Corporate Guarantee from Checkers | Four, Five-Year Options with 10% Increases Provide for an Excellent Hedge Against Inflation
- Prominent Location on Murfreesboro Road (±31,700 Cars Per Day), a Main Thoroughfare for the Area
- Close Proximity to Hundreds of Manufacturing Businesses with Thousands of Employees
Investment Overview
Strong Brand Recognition | Strategic Location - Located Across from La Vergne, TN’s Industrial District Which is Home to Hundreds of Businesses Including Amazon Distribution Center, Bridgestone/Firestone Distribution Center, Home Depot Distribution Center and Many More - Checkers Corporate Operates Over 850 Locations and its Estimated Annual Revenue is $1.3 Billion Per Year - Strong Brand Recognition and Strategic Location – Located on a Main Retail Throughfare with Direct Access to Downtown Grand Rapids, MI - Highly Visible Signage and Strong Frontage on Murfreesboro Road Strong Real Estate Fundamentals - La Vergne, TN is a Suburb of Nashville, TN (Located Just 20 Minutes from the Subject Property) | La Vergne Has a Projected Population Increase of 10% By 2025 - 2.5 Miles from Interstate 24 Which Provides Direct Access to Nashville, TN | Less Than 10 Miles from Nashville International Airport (BNA) - High Quality 2017 Construction - Dense, Infill Area – Over 128,511 Residents Within 5 Miles of the Subject Property | Strong Average Household Income of $75,876 Within Five Miles
Exclusively Listed By
Broker of Record
Financing By
