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SLIM CHICKENS – FLORENCE, AL 3201 Cloverdale Rd 3,570 SF Retail Building Florence, AL 35633 $3,002,000 ($840.90/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 18+ Years Remaining on Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
- New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru!
- Total Population (5-MI): 49,867 | Average Household Income (1-MI): $87,144
- Dixie Chicken, LLC Owns & Operates a Total of 17 Slim Chickens Locations (12 in Arkansas & 5 in Alabama)
- Positioned on a ±0.93-Acre Lot with Great Visibility/ Access on Cloverdale Rd where Traffic Counts Exceed 23,680 CPD!
EXECUTIVE SUMMARY
(Building & Land) Fee Simple
In Association with Designated Broker:
Brian Brockman – Broker
License #: 119315
Bang Realty, Inc
bor@bangrealty.com
513-898-1551
In Association with Designated Broker:
Brian Brockman – Broker
License #: 119315
Bang Realty, Inc
bor@bangrealty.com
513-898-1551
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,570 SF
Building Class
B
Year Built
2023
Price
$3,002,000
Price Per SF
$840.90
Cap Rate
6.50%
NOI
$195,101
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.93 AC
Zoning
C - Commercial
Frontage
AMENITIES
- Restaurant
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
- -
- -
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.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-08-27-3-003-003.000 | Improvements Assessment | $0 |
| Land Assessment | $78,380 | Total Assessment | $78,380 |
PROPERTY TAXES
Parcel Number
15-08-27-3-003-003.000
Land Assessment
$78,380
Improvements Assessment
$0
Total Assessment
$78,380
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SLIM CHICKENS – FLORENCE, AL | 3201 Cloverdale Rd
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