Description

Current Real Estate Advisors is pleased to present the opportunity to acquire a newly constructed (2024) single-tenant Checkers restaurant in the heart of Jacksonville, Florida. Situated on a 1.97-acre parcel, this high-performing QSR is offered as a sale-leaseback with a brand-new 10-year absolute NNN lease executed at closing, featuring zero landlord responsibilities, 2% annual rent escalations, and two five-year renewal options. The tenant is an experienced, Jacksonville-based franchisee with a strong operating track record and multiple successful concepts throughout the region, and this location stands out as a top-performing unit supported by strong sales and brand recognition. Strategically located along Normandy Boulevard, the property benefits from high traffic counts, excellent visibility, and proximity to key demand drivers, including the sold-out Carter Landing community by KB Homes and nearby logistics centers and Herlong Airport. This offering provides investors with a secure, passive income stream, inflation-hedged rent growth, and exposure to a well-positioned NNN asset within the Jacksonville MSA.