Jennifer Rea - Commercial Real Estate Showcase

Jennifer Rea Property Listings
Transaction Manager
Pegasus Investments
15915 Ventura Blvd
Suite Penthouse 2
Encino, CA 91436-2736
(818) 981-4910
(818) 990-0268


DetailMap
1205 N Gettysburg Avenue

Dayton, OH 45417-9552 - West Dayton Submarket


Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:1989
Building Size:636 SF Land Area:.66 AC (28,750 SF)
For Sale Price:$1,270,000 Price/SF:$1,996.86
Cap Rate:6.01 %
Parking:Free Surface spaces are available; Free Covered spaces; Ratio of 9.85/1,000 SF
Features:Bus Line, Signalized Intersection, Drive Thru


Pegasus Investments exclusively presents for sale a fast food restaurant building leased to Checkers Drive-In Restaurants, Inc. with a base term expiration date of 8/31/2027. The tenant operates and franchises about 800 restaurants nationally. The property features double drive-thrus and an outdoor seating area. Tenant has occupied this site since at least 1989.

Site is a hard signalized corner of Gettysburg and Hoover in west Dayton. McDonalds is adjacent to the site and Walgreens is across the street. Also in the immediate area are Family Dollar, Church's Chicken, Burger King, Pizza Hut and Jackson-Hewitt. The middle and high schools are less than 2 blocks away and the SSA office is within walking distance.

Sale Notes:
Fast food restaurant building absolute triple-net (NNN) leased to corporate entity and franchisor Checkers Drive-In Restaurants, Inc. with a base term expiration date of 8/31/2027, followed by four 5-year options. The tenant operates and franchises about 800 restaurants nationally. The property features double drive-thrus and an outdoor seating area. Tenant has occupied this site since at least 1989. Lease features 7.5% rent increases every 5 years.

Pegasus Investments
Jennifer Rea
(818) 981-4910

Matt Waterman
(818) 981-4910 x202




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