Checker's - La Vergne, TN

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Pricing and Location


Price:   $1,945,000

Address:   5062 Murfreesboro Road, La Vergne, TN 37086

Status:   Available

Property Details


CAP Rate: 6.30% Year Built: 2017
Net Rentable Area: 1,100
Lot Size (Acres): 0.65 NOI: $122,497

Marketing Materials


Property Description


Tenant Info: Checker's Drive-In Restaurants, Inc operate 800 + locations, located predominantly in the Midwest and southeastern states. Checkers Drive-In Restaurants, Inc., is one of the largest chains of double drive-thru restaurants in the United States. The company operates Checkers and Rally's restaurants in 28 states and the District of Columbia. Originally separate companies serving different geographic areas with Checkers serving the Southeast and Rally's serving the Midwest, Checkers and Rally's merged in August 1999. The merged company is headquartered in Tampa, Florida. Checkers and Rally's had similar concepts, being almost exclusively drive-thru with very little seating. After the merger, Rally's began redesigning its restaurants to follow the Checkers look. Today, Checkers and Rally's restaurants look nearly identical, the only major difference being the name on the sign.
Please download Offering Memorandum for more information.

Area Map and Street View


What Clients Are Saying                                     
 

"It was a pleasure working with you as we appreciated your persistence, professionalism, guidance and your patience in assisting us with our first Real Estate Acquisition. We are looking forward to closing many more transactions with you in the future.'
Mike Nofarad, Private Investor

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557