Checkers | $1,805,128 | 5.85% CAP
» ABSOLUTE NET LEASE · NO LANDLORD RESPONSIBILITIES
The property is secured by a 20-year absolute NNN lease with 16.5 years remaining.
» ATTRACTIVE RENTAL GROWTH & RENEWAL OPTIONS
10% rent increases every 5 years, with four (4) five-year renewal options.
» MAJOR RETAIL CORRIDOR · ADJACENT TO AUGUSTA MALL
Adjacent to Augusta Mall, TJ Maxx, Harbor Freight, Joann Fabrics and is situated in the heart of a major commercial corridor in Augusta.
» HIGH TRAFFIC LOCATION | 3RD LARGEST MSA IN GEORGIA
The property is situated on Wrightsboro Rd. (27,600 VPD) with close proximity to Highway 520 (95,100 VPD).
» STRONG FRANCHISE OPERATOR | 90+ LOCATIONS
The lease is guaranteed by Falcons Burger, LLC, a proven operator with 90 QSR locations across seven states including 57 Checkers & Rally’s locations.