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Skim Chickens - Montgomery AL 9035 Eastchase Pky 2,800 SF 4-Star Retail Building Montgomery, AL 36117 $3,200,640 ($1,143.09/SF) 6.25% Cap Rate
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
Property Subtype
Fast Food
Building Size
2,800 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$3,200,640
Price Per SF
$1,143.09
Cap Rate
6.25%
NOI
$200,040
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.65 AC
Amenities
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-05-15-4-002-004.007 | Improvements Assessment | $188,300 |
| Land Assessment | $207,000 | Total Assessment | $395,300 |
Property Taxes
Parcel Number
09-05-15-4-002-004.007
Land Assessment
$207,000
Improvements Assessment
$188,300
Total Assessment
$395,300
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Skim Chickens - Montgomery AL | 9035 Eastchase Pky
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