2827 Murfreesboro Pike
Antioch, TN 37013
Checker's - 20 Year NNN Net Lease · Retail Property For Sale

The offering provides an opportunity to acquire a Checkers in Nashville, TN. The lease is absolute NNN with zero landlord maintenance or management responsibilities. The brand new 20-year lease features very attractive annual rental increases of approximately 2%. Checkers is directly across from a Walmart Supercenter which provides a massive draw to the trade area. Traffic counts exceed 25,000 vehicles per day. There are two personal guaranties and a corporate guarantee on this lease. The personal guarantors each have over 25 years of restaurant experience and over 30 restaurants currently in operation. Their previous experience includes operating over 58 KFC’s which has lead to a strong industry background in the fast food segment. There is also a corporate guaranty from Power Restaurant Group, who has 25 restaurants open or under construction throughout the U.S., spanning a number of fast food concepts such as Checker’s and Dairy Queen.