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$ 1,985,000 |$ 1,905,000

Rally's

Fast Food/QSR  

Cap Rate 5.04% | 5.25% | SF 1,088 | Term 13.6
Las Vegas, NV 89108
  • New construction

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Brand-new 2023 construction
  • Rally’s recently signed a brand-new 15-year lease
  • Lease features 10% rental increases every 5 years throughout the initial term
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Wahid Karas (WNK Foods)
  • Tenant Rally's
  • Guarantor Franchisee
  • #Units 20
  • Stock Private

Rally’s Drive-In Restaurants is part of Checkers Drive-In Restaurants, Inc., and is one of the
largest chains of double drive-thru restaurants in the United States. The company currently operates 878 Checkers and Rally’s restaurants in 28 states and the District of Columbia. The chains specialize in hamburgers, hot dogs, french fries, and milkshakes. Rally’s Drive-In opened its first restaurant in Louisville, Kentucky in 1985. Checkers Drive-In was founded in 1986 in Mobile, Alabama. In 1999, the two concepts merged into a single double drive-thru burger chain. Most locations specialize in carryout service with drive-thru and walk-up windows available, but no indoor seating. In 2017, the Rally’s/Checker’s brand was acquired by Oak Hill Capital Partners. The company is headquartered in Tampa, Florida.

Oak Hill Capital Partners is a private equity firm headquartered in New York City. The firm currently has more than $19B of committed capital from entrepreneurs, endowments, foundations, corporations, pension funds and global financial institutions.

...

$ 1,810,000

Rally's

Fast Food/QSR  

Cap Rate 5.75% | SF 925 | Term 7.2
San Bernardino, CA 92404
  • New construction

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Near major nationals

  • Freeway close

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Brand-new BTS 2023 construction for Rally’s
  • Tenant signed a new 10 year lease with 3 (5-year) options to extend
  • Lease features 10% rent increases every 5 years and at the start of option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Personal guarantee by WNK Foods, Inc., subsidiary of Karas Foods, Inc. (12+ units backed)
  • Tenant Rally's
  • Guarantor Franchisee
  • #Units 12
  • Stock Private

Rally’s Drive-In Restaurants is part of Checkers Drive-In Restaurants, Inc., and is one of the largest chains of double drive-thru restaurants in the United States. The company currently operates 878 Checkers and Rally’s restaurants in 28 states and the District of Columbia. The chains specialize in hamburgers, hot dogs, french fries, and milkshakes. Rally’s Drive-In opened its first restaurant in Louisville, Kentucky in 1985. Checkers Drive-In was founded in 1986 in Mobile, Alabama. In 1999, the two concepts merged into a single double drive-thru burger chain. Most locations specialize in carryout service with drive-thru and walk-up windows available, but no indoor seating. In 2017, the Rally’s/Checker’s brand was acquired by Oak Hill Capital Partners. The company is headquartered in Tampa, Florida.

Oak Hill Capital Partners is a private equity firm headquartered in New York City. The firm currently has more than $19B of committed capital from entrepreneurs, endowments, foundations, corporations, pension funds and global financial institutions.

...

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