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SLIM CHICKENS – FLORENCE, AL 3201 Cloverdale Rd

3,570 SF Retail Building Florence, AL 35633 $4,609,450 CAD ($1,291 CAD/SF) 6% Cap Rate

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 of Slim Chickens Latest Prototype with Double Drive-Thru - Slated to Open March 2023!
  • Across the Street from a Large Chapel Church & Blocks Away from Walmart!
  • Dixie Chicken, LLC Owns & Operates a Total of 15 Slim Chickens Locations (13 in Arkansas & 2 in Alabama)
  • Positioned on a ±0.93-Acre Lot with Great Visibility/Access on Cloverdale Rd where Traffic Counts Exceed 22,310 CPD!
  • Total Population (5-MI): 48,859 | Average Household Income (1-MI): $75,780

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
$4,609,450 CAD
Price Per SF
$1,291 CAD
Cap Rate
6%
NOI
$276,540 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.93 AC
Zoning
C

Amenities

  • Restaurant
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

La mission de Slim Chickens était (et est) simple : préparer les meilleurs filets de poulet panés à la main en utilisant uniquement les ingrédients les plus frais, servis dans une atmosphère conviviale où les gens peuvent se détendre et se sentir chez eux. Ils utilisent la meilleure coupe possible pour leurs appels d'offres. Dès le début, les appels d'offres premium entièrement naturels ont été la pierre angulaire de l'ensemble de leur menu. Leur recette éprouvée par le temps est devenue un favori de la maison, garni de saveur grâce à leur marinade au babeurre de style méridional et légèrement panée à la main à chaque commande.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Accommodation and Food Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-08-27-3-003-003.000
Land Assessment
$101,330 CAD
Improvements Assessment
$0 CAD
Total Assessment
$101,330 CAD
  • Listing ID: 34144211

  • Date on Market: 2024-06-18

  • Last Updated:

  • Address: 3201 Cloverdale Rd, Florence, AL 35633

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