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SLIM CHICKENS (20 Yr NNN w/ LARGEST OPERATOR) 3201 Cloverdale Rd 3,570 SF Retail Building Florence, AL 35633 $4,091,546 CAD ($1,146.09 CAD/SF) 6.50% Cap Rate
Investment Highlights
- LEASE: 17+ Years Remaining on Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
- STRONG SALES PERFORMANCE: Successfully open & operating since 2023 with an attractive 8.13% Rent to Sales Ratio (YE 2024)!
- TRAFFIC COUNTS: Positioned on a ±0.93-Acre Lot with Great Visibility/ Access on Cloverdale Rd where Traffic Counts Exceed 23,680 CPD!
- TENANT | LEASE GUARANTOR: Simply Slim AL, LLC owns & operates a total of 5 Slim Chicken locations across Alabama
- NEW CONSTRUCTION: New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru!
- 2025 DEMOGRAPHICS: Total Population (5-MI): 49,984 | Average Household Income (1-MI): $86,329
Executive Summary
Property Facts
Amenities
- Restaurant
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Mar 2043
Slim Chickens is a fast-casual restaurant brand founded in 2003 in Fayetteville, Arkansas. The company focuses on serving hand-breaded chicken tenders, wings, sandwiches, and wraps, complemented by a variety of house-made dipping sauces. Its menu also includes fresh salads, sides, and desserts, along with beverages such as iced teas and lemonades. Slim Chickens operates under a franchise and corporate-owned model, expanding its footprint across the United States and internationally. The brand emphasizes quick service in a casual dining environment, catering to dine-in, takeout, and drive-thru customers. Slim Chickens is privately held and continues to grow its presence in the competitive fast-casual dining sector by leveraging its core offerings and consistent brand experience.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Triple Net | Mar 2043 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-08-27-3-003-003.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $467,817 CAD |
Property Taxes
Presented by
SLIM CHICKENS (20 Yr NNN w/ LARGEST OPERATOR) | 3201 Cloverdale Rd
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