Rally's

Highlights

• Absolute NNN Lease | Zero Landlord Responsibilities
• 25-Year Sale Leaseback Commencing at Close of Escrow
• Newly Constructed Site Equipped with Outdoor Patio
• Proven Operator with Over 30 Year of Experience in the Industry
• Excellent Visibility with Frontage and Signage Along N Sprigg St Which Has Daily Traffic Counts Exceeding 11,150 Vehicles
• Situated Directly Across from the Southeast Missouri State University Show Me Center - Multi-Purpose Arena with a Capacity of Over 7,350 People
• Southeast Missouri State University Enrolls Approximately 9.600 Students Annually and Has Four Regional Campuses with the Main Campus in Cape Girardeau
• Easily Accessible Featuring a Convenient Double Drive-Thru and Walk-Up Window
• Checkers and Rally's Operate Over 820 Locations in 28 States

Description

This newly constructed Checkers & Rally’s offers a 25-year absolute NNN sale-leaseback, providing zero landlord responsibilities and a long-term, reliable income stream. Located across from the Southeast Missouri State University Show Me Center, a multi-purpose arena with a capacity of over 7,350 people, the property benefits from excellent visibility along N Sprigg St, with 11,150+ daily vehicles passing by. Situated near a university with approximately 9,600 students annually and several regional campuses, the location has a strong, consistent customer base. Featuring a double drive-thru, walk-up window, and outdoor patio, the site is designed for high traffic and customer convenience, backed by a proven operator with over 30 years of experience and a national brand with 820+ locations across 28 states.

Discover the vibrant surroundings of Cape Girardeau, MO, just moments away from the location of this premier office building. Immerse yourself in the cultural scene with nearby attractions like the River Campus, featuring art galleries and theaters, or explore the historic charm of downtown Cape Girardeau, known for its quaint shops and lively dining scene. Enjoy easy access to scenic parks along the Mississippi River, perfect for a relaxing stroll or outdoor lunch. With convenient proximity to dining, entertainment, and cultural landmarks, the area offers an ideal balance of work and leisure for professionals seeking an office space that embraces the local community.

Cape Girardeau colloquially referred to as "Cape" is a city in Cape Girardeau and Scott Counties in the U.S. state of Missouri. At the 2020 census, the population was 39,540, making it the 17th-largest in the state. The city is one of two principal cities of the Cape Girardeau, MO-IL Metropolitan Statistical Area, which encompasses Alexander County, Illinois, Bollinger County, Missouri and Cape Girardeau County, Missouri and has a population of 97,517. The sliver of the city located in Scott County is part of the Sikeston Micropolitan Statistical Area, and the entire city forms the core of the Cape Girardeau-Sikeston Combined Statistical Area.
The city is the economic center of Southeast Missouri and also the home of Southeast Missouri State University. It is located approximately 100 miles (161 km) southeast of St. Louis and 150 miles (241 km) north of Memphis.
Southeast Missouri State University (Southeast or SEMO) is a public university in Cape Girardeau, Missouri. In addition to the main campus, the university has four regional campuses offering full degree programs and a secondary campus housing the Holland College of Arts and Media. The university is accredited by the Higher Learning Commission.

Enrolling 9,677 students, Southeast offers more than 175 undergraduate degree programs and 75 graduate programs. Originally founded in 1873 as a normal school, the university has a traditional emphasis on teacher education. The university's thirteen athletics teams compete in the Ohio Valley Conference of NCAA Division I and are known as the Redhawks. The football team competes in the Football Championship Subdivision of Division I.