Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

913 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Slim Chickens | 13+yrs Abs NNN w/ Annual Incr 4641 S Cochise Dr 2,860 SF 4-Star Retail Building Independence, MO 64055 $3,459,090 CAD ($1,209.47 CAD/SF) 7% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Franchisee Guaranteed Lease | Options To Extend | Below Market Rent
Across From Costco and Lowe’s Anchored Center | Independence Center | Dense Retail Corridor

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Slim Chickens investment property located in Independence, Missouri. The tenant, Slim Chickens, has over 13 years of initial term remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 1.5% annual rental increases beginning in 2027 that extend throughout the remainder of the initial term and throughout each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Restaurant

Building Size

2,860 SF

Building Class

LoopNet Rating

4 Star

Year Built

2014

Price

$3,459,090 CAD

Price Per SF

$1,209.47 CAD

Cap Rate

NOI

$242,111 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.07

Lot Size

0.95 AC

Zoning

C-2 - C-2, Commercial

Parking

40 Spaces (13.99 Spaces per 1,000 SF Leased)

Frontage

344’ on Route 291

Dedicated Turn Lane
Freeway Visibility

Restaurant
Drive Thru

Monument Signage

Air Conditioning

Accommodation and Food Services
99,999 SF
-
Lorem Ipsum
Jan 0000

Slim Chickens' mission was (and is) simple: to make the best hand-breaded chicken tenders using only the freshest ingredients, served in a friendly atmosphere where people can relax and feel at home. They use the best cut they can get for their tenders. From the outset, all-natural premium tenders have been the building block for their entire menu. Their time-tested recipe has become a household favorite, locking in flavor with their southern-style buttermilk marinade, and lightly breaded by hand with every order.