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- LoopNet Team
943 Jesse Jewell Pky SW
Gainesville, GA 30501
Checkers - 15 Year Lease - Annual Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stable, Cash Flowing Asset
- New 15 Year Lease through 2035, Annual Rent Increases
- Successful, Award-Winning Location Since 1990
- No Landlord Responsibility
- Multi-Unit Operator
- Surrounding retailers include Zaxby's, Walgreens, Dunkin Donuts, Target and Walmart
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 943 JESSE JEWELL PKY SW , GAINESVILLE, GA 30501
This investment offering is an excellent opportunity to acquire a stable, cash flowing asset, that will require no landlord responsibilities. This free-standing Checkers is located on a major retail corridor. The tenant recently signed a new 15 year lease through December 2035 with annual rent increases. The tenant is a long term Checkers franchisee, is well capitalized, and has owned several stores which were sold successfully. This franchisee currently operates two other locations. Not only has this site been a successful Checkers location since 1990, the location has also received million dollar awards during this time.
PROPERTY TAXES
| Parcel Number | 01-00048-03-003B | Improvements Assessment | $65,264 |
| Land Assessment | $131,440 | Total Assessment | $196,704 |
PROPERTY TAXES
