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    Checkers and Rally's Portfolio Title is generated by Realmo AI

    129 S 3rd St, Terre Haute, IN 47807

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    Seven quick service restaurant locations across Indiana.

    Type:Retail
    Property size:
    5,272 SF
    Price / SF:
    $868/SF
    Added:
    Feb 11, 2026
    Days on Market:
    93
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 129 S 3rd St

    General Information

    Standard status
    Active
    Size
    5,272 SF
    Property subtype
    Retail

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    Listing Contact
    Mohsin Mirza
    Mohsin Mirza

    Listing agent Mohsin Mirza License #IL 475.189943

    Listing office JLL Chicago | Americas Headquarters

    Listing date Feb 11, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | Americas Headquarters

    HighLights

    • Portfolio of seven quick service restaurant locations in Indiana.
    • 100% occupied by Checkers Drive‑in Restaurants or its franchisees.
    • Features a national quick service restaurant brand with over 740 locations.
    • Three sites have corporate guarantees.
    • Minimal landlord expense responsibilities.
    • Opportunity for re‑lease upside at higher rates upon expiration of current leases.

    Overview

    The Checkers and Rally’s Portfolio comprises seven quick service restaurant locations totaling 5,272 square feet across various cities in Indiana. The properties are fully occupied by Checkers Drive-in Restaurants, Inc. or its franchisees, with three sites having corporate guaranties. Checkers is a national quick service restaurant chain known for burgers, fries, and value-focused menu offerings, headquartered in Tampa, FL, and operates over 740 retail stores across 28 states. This portfolio offers investors the ability to acquire a diverse Indiana net lease portfolio featuring assets occupied by a well-established national brand. The portfolio has 1.9 years of weighted average lease term remaining and minimal landlord expense responsibilities, creating an opportunity to control a portfolio of shorter-term net lease assets with exposure to a reputable restaurant brand with a national footprint and potential re-lease upside at higher rates upon expiration of the current leases.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rally's Restaurant

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.414245
    Latitude
    39.46466

    FAQs

    What type of property is this?
    Drive through restaurant - Seven quick service restaurant locations across Indiana.
    Where is this drive through restaurant located?
    The property is located at 129 S 3rd St Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $4,580,000.
    What are key features of this property?
    This property features: Portfolio of seven quick service restaurant locations in Indiana.; 100% occupied by Checkers Drive‑in Restaurants or its franchisees.; Features a national quick service restaurant brand with over 740 locations.
    (312) 782-5800 Call to check price and availability
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