Checkers

Checkers
8357 Lockwood Ridge Road
Sarasota, FL 34243

Checkers

LOCATION

Checkers
8357 Lockwood Ridge Road
Sarasota, FL 34243

SUMMARY

Property Purchase Date:

July 15, 2025

Project Type:

Existing Net Lease Acquisition; Blend and Extend

Fund:

BIG LEGACY FUND II

Year:

2025

Total Capitalization

$950,000

BIG Equity:

$950,000

Total Equity:

$950,000

Lease Term:

June 30, 2026 Lease Expiration; Absolute NNN

Tenants:

Checkers Drive-In Restaurants

INVESTMENT STRATEGY

Purchase existing net lease investment property leased to Checkers Drive-in Restaurant, extend lease at fair market value or replace tenant and raise the rents to market with credit enhancement.

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