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7214 103rd St
Jacksonville, FL 32210
Checkers · Retail Property For Sale


Executive Summary
Current Real Estate Advisors is pleased to present the opportunity to acquire this Checkers restaurant (the "Property"), a freestanding, single-tenant ±2,904 SF building located on a 0.44 acre lot in Jacksonville, FL. The Property benefits from an Absolute NNN lease, imposing zero landlord responsibilities and delivering a fully passive income stream. This asset is part of a Portfolio (see Page 3 for details) and may be acquired separately or together.
This offering is structured as a Sale-Leaseback transaction, with a brand-new 10-year lease to be executed at closing, featuring 2% annual rent escalations and 2, 5-year renewal options—reflecting the operator's long-term commitment to and confidence in this location.
The Tenant is a proven, Jacksonville-based multi-concept operator with an established track record across multiple brands and franchise systems throughout the market. This Checkers location is a strong performer, evidenced by healthy unit-level sales and a favorable Rent-to-Sales ratio — underscoring the durability and resilience of the underlying cash flow.
This offering represents a compelling opportunity to acquire a well-positioned, income-producing quick-service restaurant asset within one of Florida's most dynamic and fastest-growing MSAs, backed by a committed local operator and underpinned by a stable, long-term passive income stream.
This offering is structured as a Sale-Leaseback transaction, with a brand-new 10-year lease to be executed at closing, featuring 2% annual rent escalations and 2, 5-year renewal options—reflecting the operator's long-term commitment to and confidence in this location.
The Tenant is a proven, Jacksonville-based multi-concept operator with an established track record across multiple brands and franchise systems throughout the market. This Checkers location is a strong performer, evidenced by healthy unit-level sales and a favorable Rent-to-Sales ratio — underscoring the durability and resilience of the underlying cash flow.
This offering represents a compelling opportunity to acquire a well-positioned, income-producing quick-service restaurant asset within one of Florida's most dynamic and fastest-growing MSAs, backed by a committed local operator and underpinned by a stable, long-term passive income stream.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,904 SF
Building Class
C
Year Built/Renovated
1998/2018
Price
$1,826,000
Price Per SF
$628.79
Cap Rate
5.75%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.44 AC
Zoning
CCG-1
Parking
25 Spaces (8.61 Spaces per 1,000 SF Leased)
Frontage
122’ on 103rd St
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 014517-0000 | Improvements Assessment | $591,938 |
| Land Assessment | $879,162 | Total Assessment | $1,471,100 |
Property Taxes
Parcel Number
014517-0000
Land Assessment
$879,162
Improvements Assessment
$591,938
Total Assessment
$1,471,100
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