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SLIM CHICKENS – FLORENCE, AL 3201 Cloverdale Rd 3,570 SF Retail Building Florence, AL 35633 $4,190,552 CAD ($1,173.82 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 18+ Years Remaining on Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
  • New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru!
  • Total Population (5-MI): 49,867 | Average Household Income (1-MI): $87,144
  • Dixie Chicken, LLC Owns & Operates a Total of 17 Slim Chickens Locations (12 in Arkansas & 5 in Alabama)
  • Positioned on a ±0.93-Acre Lot with Great Visibility/ Access on Cloverdale Rd where Traffic Counts Exceed 23,680 CPD!

EXECUTIVE SUMMARY

(Building & Land) Fee Simple
In Association with Designated Broker:
Brian Brockman – Broker
License #: 119315
Bang Realty, Inc
bor@bangrealty.com
513-898-1551

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,570 SF
Building Class
B
Year Built
2023
Price
$4,190,552 CAD
Price Per SF
$1,173.82 CAD
Cap Rate
6.50%
NOI
$272,345 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.93 AC
Zoning
C - Commercial
Frontage
319’ on Cloverdale Road

AMENITIES

  • Restaurant
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

La mission de Slim Chickens était (et est) simple : préparer les meilleurs filets de poulet panés à la main en utilisant uniquement les ingrédients les plus frais, servis dans une atmosphère conviviale où les gens peuvent se détendre et se sentir chez eux. Ils utilisent la meilleure coupe possible pour leurs appels d'offres. Dès le départ, les appels d'offres premium entièrement naturels ont été la pierre angulaire de l'ensemble de leur menu. Leur recette éprouvée est devenue un favori de la maison, garni de saveur grâce à leur marinade au babeurre de style méridional et légèrement panée à la main à chaque commande.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

Dutch Bros Inc.
First Metro Bank
Truist
Zaxby's
Foodland Inc
Workout Anytime

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-08-27-3-003-003.000
Land Assessment
$110,622 CAD
Improvements Assessment
$0 CAD
Total Assessment
$110,622 CAD
  • Listing ID: 38668183

  • Date on Market: 2024-06-18

  • Last Updated:

  • Address: 3201 Cloverdale Rd, Florence, AL 35633

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