NNN Checkers- Lakeland FL
![](https://herculespimenta.com/wp-content/uploads/2021/04/Checkers-Adapted-1024x640.jpg)
- Price: US $ 900,000
- Property Type: Free standing
- Occupancy: 100%
- CAP: 5.53%
- Building Area: approx. 942 SF = 87 m²
- Lot: approx. 0.55 AC = 2,225 m²
- NOI: US $ 49,747
- Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
- Contract Terms: 12 years remaining on contract (Lease end 2030)
- Increases: 10% every 5 year
- Extensions: Four 5 year options
- Guarantor: Corporate Guaranteed – Checkers Drive-In Restaurants, Inc. (Founded in 1986 and is headquartered in Tampa, Florida. Owns and operates more than 870 locations www.checkers.com)– Checkers Drive-In Restaurants, Inc. (Founded in 1986 and is headquartered in Tampa, Florida. Owns and operate more than 870 locations www.checkers.com)
- Location: Located near the signalized, hard corner intersection of E. Edgewood Drive and Florida Ave with combined VPD of 61,000.