1807 Washington Rd
Thomson, GA 30824
Retail Property For Sale

Pegasus Investments is pleased to offer a single tenant absolute triple net leased Checkers Drive-Thru in Thomson, Georgia. The lease was originally subject to a 20 year term which currently has eight years of firm term remaining. Checkers has had an exciting quarter due to the recent acquisition of the entire company by Oak Hill Capital Partners for $525 million. Additionally, the subject property's operation was also recently acquired along with several other Georgia units by an experienced food operator with plans for substantial growth. The sale represents an opportunity for an investor to achieve an attractive 7% yield with virtually zero landlord obligations secured by a growing fast food franchise. Located just off I-20. I-20 is the major corridor connecting Augusta to Atlanta.