Log In/Sign Up
Your email has been sent.
3201 Cloverdale Rd
Florence, AL 35633
SLIM CHICKENS (20 Yr NNN w/ LARGEST OPERATOR) · Retail Property For Sale
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
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
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
Property Taxes
| Parcel Number | 15-08-27-3-003-003.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $343,040 |
Property Taxes
Parcel Number
15-08-27-3-003-003.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$343,040
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
