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Get In TouchCheckers 3-Unit Portfolio – AR
Checkers
Arkansas
Sands Investment Group is Pleased to Present Exclusively For Sale the Checkers 3-Unit Portfolio Located in Arkansas. These Locations Are Recently Renovated, Built With a Modern Prototype Design, and Are Situated on Signalized Hard Corners With Excellent Visibility and Access, Providing For a Unique Investment.
- Prime Signalized Locations: Strategically positioned on high-traffic, signalized hard corners with excellent ingress/egress and visibility.
- High-Volume Drive-Thru Model: Features Checkers’ signature double drive-thru prototype—engineered for speed, convenience, and operational efficiency.
- Newer Construction Across the Portfolio: All three sites were built ground-up: Red Wolf (2019), Linwood (2023), and Southwest Drive (2024).
- Proximity to Major University: Located approximately 1/4 mile from Arkansas State University, benefiting from strong daytime population and student traffic.
- Experienced and Growing Operator: Operated by a well-capitalized and expanding franchisee with decades of experience in quick-service restaurants and small business operations.
In Cooperation With Sands Investment Group Arkansas, LLC – Lic. #PB00085157BoR: Andrew Ackerman – Lic. AR #PB00085157
Checkers
Arkansas
CHECKERS & RALLY’S LLC
Checkers & Rally’s LLC is a prominent American fast-food chain renowned for its double drive-thru service model, offering a menu that includes burgers, hot dogs, fries, chicken, fish, wings, shakes, and soft drinks. The company originated from two separate entities: Checkers, founded in 1986 in Mobile, Alabama by Jim Mattei, and Rally’s, established in 1985 in Louisville, Kentucky by Jim Patterson. Headquartered in Tampa, Florida, Checkers & Rally’s operates nearly 800 restaurants across 28 states and the District of Columbia, with approximately 70% franchised and 30% company-owned . The company emphasizes bold flavors and value, with popular offerings like the Big Buford® and Baconzilla!® burgers, Famous Seasoned Fries, and indulgent milkshakes.
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Price
$4,448,000
Cap Rate
7.75%
PREMISES
2,856 SF
RENEWAL OPTIONS
3 x 5 Year Options
Lease Expiration
15 Years from COE
Lease Type
NNN
RENTAL INCREASES
2% Annually
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
By filling in your information and submitting this form, you are accepting the terms of this agreement.