166 Michael Dr. for Dollar General and Checkers Drive-In
166 Michael Dr. is a fourplex located in Campbell, CA that was exchanged for an established Dollar General in Meridian, MS, and a soon-to-open Checkers located in Statesboro GA.
166 Michael Dr. was a newly renovated fourplex located in the heart of Campbell. The unit mix consists of (1) three-bedroom / two-bathroom townhouse, (1) two-bedroom / two-bathroom unit, and (2) two-bedroom / one-bathroom. Its location makes it desirable for renters due to being in a quiet neighborhood that is also near the major streets along with the centers of commerce, culture, and major employers.
Investment Highlights
Property has undergone extensive interior and exterior renovations.
Extra-large units averaging over 1,000 SF each.
Excellent opportunity for investors or owner/user with 3/2 townhouse.
Located within walking distance of eBay's main campus in San Jose.
Dollar General is a variety store known for selling brand named and in-house products at an affordable cost. The one located at 1000 Sandflat Rd. is outside of Meridian City and next to Mississippi Highway 19.
Checkers Drive-In is a chain of restaurants located in the southeast. The one located in Statesboro is currently under construction but once completed will be operating on a 15 year Absolute NNN lease.
Investment Highlights
Dollar General is located next to a major road.
Checkers Drive-In is a new building
Dollar General will serve both the urban and rural residents.
Checkers is located in a shopping center.
Both properties are under a Triple-Net Lease.