Checkers | 7214 103rd Street

Current Real Estate Advisors presents an opportunity to acquire a freestanding, single-tenant Checkers restaurant comprising approximately 2,904 SF on a 0.44-acre parcel in Jacksonville, Florida. The Property is supported by an Absolute NNN sale-leaseback structure, providing investors with a fully passive income stream and no landlord responsibilities. A new 10-year lease will be executed at closing, featuring 2% annual rent increases and two 5-year renewal options, demonstrating the operator’s long-term commitment to the site. The Jacksonville-based tenant is an experienced multi-concept operator with a strong track record across multiple brands and franchise systems, while this Checkers location has consistently demonstrated healthy unit-level sales and a favorable rent-to-sales ratio, highlighting strong consumer demand and resilient cash flow. The Property is strategically located just off I-295, which carries more than 116,000 vehicles per day, with excellent visibility along 103rd Street, seeing approximately 48,500 vehicles daily. Its proximity to Westside High School and surrounding national retailers, including Walmart, Publix, dd’s Discounts, and McDonald’s, further strengthens the site’s traffic and consumer exposure. The Property may be acquired individually or together with another Checkers location within the Jacksonville MSA, offering investors flexibility in their acquisition strategy and capital allocation.