This Retail Property is no longer advertised on LoopNet.com.

23260 US 27 hwy
Lake Wales, FL 33859
SLIM CHICKENS - LAKE WALES, FL · Retail Property For Sale

Investment Highlights

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
  • New, high-quality, build-to-suit construction to Slim Chickens latest prototype - slated to open January 2024 (Est.)
  • Situated on a large ±1.17-acre lot with excellent drive-by visibility/access on US-27 with traffic counts in excess of 40,690 CPD!
  • The lease is Personally Guaranteed by all 5 owner/operators with a combined net worth of over 50 million!
  • The operating group signed a 23-Unit Development Agreement with Slim Chickens and currently has 5 Slim Chickens locations open with 6 more coming!
  • 2023 Demographics: 2023 Population: 54,263 & 2023 Average Household Income: $74,340

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,077 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.17 AC
Zoning
C
Frontage
235’ on U.S. 27

Amenities

  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
27-29-21-866002-000020
Land Assessment
$508,940
Improvements Assessment
$767,229
Total Assessment
$1,276,169
  • Listing ID: 30944585

  • Date on Market: 2/13/2024

  • Last Updated:

  • Address: 23260 US 27 hwy, Lake Wales, FL 33859

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