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| Price $1,200,000 $1,239,669 | Built/Renov 1991 | Tenant Checkers |
| Cap Rate 6.25% 6.05% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
1,710
| Lease Start
12-07-2024
| #Units
821
|
| Price/SF $701.75 $724.95 | Expiration
12-08-2034
| Tenant Type Fast Food/QSR |
| NOI $75,000 | R. Term 9.7 | Ownership Fee Simple |
| Rent/SF
$43.86
| Increases 10.0%/6/yrs | Pop 5Mi 95,524 |
| Lot/AC 0.87 | Options 2/5yrs/10% | AHHI 5Mi $75,815 |
| | |
Checkers is strategically located along East Silver Springs Blvd with access to over 28,000 vehicles per day. The site benefits from excellent visibility and multiple points of ingress/egress along a major East-West thoroughfare which leads commuters to and from Historic Downtown Ocala. National/credit tenants in the area include Wells Fargo, Pizza Hut, Taco Bell, Walgreens, Chase Bank and...
...Dense retail corridor
Near major nationals
Strategically located
Strong tenant synergy
Major MSA
Income tax free state
Recently extended lease
Absolute NNN
Long 10+ yr lease
Corporate Guarantee
Checkers is a drive-in chain that offers hamburgers, hot dogs, french fries, milkshakes, and other fast food products through its chain of restaurants under the brand names Checkers and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,447 | 48,132 | 94,672 |
| 2023 Total Population : | 6,723 | 49,303 | 96,096 |
| 2023 Employed Civilian Pop : | 3,284 | 21,243 | 42,726 |
| 2023 Total Businesses : | 1,049 | 4,235 | 6,422 |
| 2023 Average Household Income : | $ 86,303 | $ 77,298 | $ 82,988 |
| 2023 Total Consumer Spending : | $ 211 M | $ 1389 M | $ 2824 M |
| 2023 Median Age : | 44 | 43 | 44 |
| 2023 Total Households : | 2,806 | 20,571 | 39,034 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,100 | 5,891 | 12,001 |
| 2023 Average Home Value : | $ 299,378 | $ 246,624 | $ 246,537 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| NE 11th Ave | NE 2nd St | 2008 | 1,700 | 0.15 mi |
| SE 11th Ave | E Fort King St | 2008 | 3,100 | 0.18 mi |
| E Silver Springs Blvd | NE 10th Ave | 2004 | 32,000 | 0.19 mi |
| SE 14th Ave | E Fort King St | 2008 | 7,300 | 0.22 mi |
| E Silver Springs Blvd | SE 15th Ter | 2008 | 30,500 | 0.25 mi |
| E Silver Springs Blvd | NE 10th Ave | 2008 | 31,900 | 0.25 mi |
| East Silver Springs Boulevard | SE 15th Ter | 2021 | 28,000 | 0.26 mi |
| NE 2nd St | NE 9th Ave | 2008 | 2,200 | 0.30 mi |
| NE 16th Ave | NE 2nd St | 2008 | 3,500 | 0.38 mi |
| Northeast 3rd Street | NE 28th Ave | 2022 | 1,350 | 0.40 mi |
Oklahoma City, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 1,050
Cleveland, OH
Cap Rate 5.58%
Lease Abs NNN
R. Term 17.40 yrs
Size/SF 2,358
Milwaukee, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 1.60 yrs
Size/SF 2,318
Palmhurst, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 950
Forestdale, AL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 6,453
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 665
Clinton, SC
Cap Rate 6.00%
Lease Abs NNN
R. Term 4.80 yrs
Size/SF 3,189
Colorado Springs, CO
Cap Rate 5.10%
Lease Abs NNN
R. Term 9.70 yrs
Size/SF 380
Allen Park, MI
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 600
Moraine, OH
Cap Rate 6.14%
Lease Abs NNN
R. Term 12.00 yrs
Size/SF 1,566
Ceres, CA
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 950
Headland, AL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,435
Demopolis, AL
Cap Rate 6.62%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 3,702
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
