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Tucker NNN-Leased Checkers
Tucker, GA, 30084
$986,400
Sale Price
For Sale
Property Details
Sale Price$986,400
Year Built1991
Property TypeRetail
Building Size720 SF
Highlights
- 10.04% Cap Rate - Absolute NNN Lease
- 11.3 Years Remaining on Lease
- 29,800 DTC on Lavista - 12,700 DTC on Northlake - 174K DTC on I-285
Property Description
Meybohm Commercial Properties is proud to present this NNN-Leased Checkers Drive-in Restaurant. The property has 11.3 years left on the lease, and a signalized hard-corner location. The property consists of separate ground and building leases, with the tenant able to purchase the building in 2030 for $10. The first extension option was exercised in 2017 when the lease was assigned to new tenant, Star Chain. Star Chain's locations were acquired by Falcons Coffee in bankruptcy in 2019, which dissolved one of the personal guarantees.
Location
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