$1,200,000 USD
513-325-8682
HIGHLIGHTS
- New 15-Year NNN Lease With 10% Rental Increases Every 5 Years and in Each of Four, 5-Year Renewal Options | No Landlord Responsibilities
- Rent Set At 5 Year Average Rent to Sales Ratio of 6% | Ranked in the Top 9% of Checkers Locations Nationwide for Site Visits According to Placer.AI
- Lease is Franchisee Guaranteed by a Strong, Award Winning Operator With a Long Operating History | Store Sales Are Significantly Above Average
- Property Features Rare Indoor Dining Area, Outdoor Seating and Drive Thru Window | 1,365-SF on a +/-0.45 Acre Parcel
- Property Features Three Points of Ingress and Egress, a Digital Pylon Sign and a Large Parking Lot With 26 Spaces
- Corner Location With Strong Visibility Along Niagara Falls Blvd, Seeing 33,400+ Vehicles Per day
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$365 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Checkers
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1964
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
4.59 AC
LAND SF
200,115 SF
ZONING
GB
APN/PARCEL ID
146489-040-470-0003-013-000
ASK ABOUT THIS PROPERTY
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513-325-8682
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513-325-8682
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