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9035 Eastchase Pky
Montgomery, AL 36117
Skim Chickens - Montgomery AL · Retail Property For Sale
Investment Highlights
- 13+ Years Remaining | Annual Rental Increases | Growing Brand
- Dense Retail Corridor | Strong National/Credit Tenant Presence | University of Auburn at Montgomery
- Strong Demographics in 5-mile Trade Area | Six-Figure Incomes
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Interstate 85 | Excellent Visibility & Access
Executive Summary
• The tenant currently has 13+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 2% annual rental increases throughout initial term and options thereafter, growing NOI and hedging against inflation
• Slim Chickens opened in 2003 in Fayetteville, Arkansas and has grown with more than 300 locations in 34 U.S. states
• The lease features 2% annual rental increases throughout initial term and options thereafter, growing NOI and hedging against inflation
• Slim Chickens opened in 2003 in Fayetteville, Arkansas and has grown with more than 300 locations in 34 U.S. states
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,800 SF
Year Built
2024
Price
$4,379,756 CAD
Price Per SF
$1,564.20 CAD
Cap Rate
6.25%
NOI
$273,735 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.65 AC
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 09-05-15-4-002-004.007 | Improvements Assessment | $257,670 CAD |
| Land Assessment | $283,259 CAD | Total Assessment | $540,929 CAD |
Property Taxes
Parcel Number
09-05-15-4-002-004.007
Land Assessment
$283,259 CAD
Improvements Assessment
$257,670 CAD
Total Assessment
$540,929 CAD
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