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SLIM CHICKENS (20 Yr NNN w/ LARGEST OPERATOR) 3201 Cloverdale Rd 3,570 SF Retail Building Florence, AL 35633 $4,173,591 CAD ($1,169.07 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
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 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 | $469,876 CAD |
Property Taxes
Presented by
SLIM CHICKENS (20 Yr NNN w/ LARGEST OPERATOR) | 3201 Cloverdale Rd
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