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SLIM CHICKENS – FLORENCE, AL 3201 Cloverdale Rd 3,570 SF Retail Building Florence, AL 35633 $3,252,000 ($910.92/SF) 6% Cap Rate

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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): 48,859 | Average Household Income (1-MI): $75,780

Dixie Chicken, LLC Owns & Operates a Total of 13 Slim Chickens Locations (12 in Arkansas & 1 in Alabama) with 3 Locations Under Construction
Positioned on a ±0.93-Acre Lot with Great Visibility/ Access on Cloverdale Rd where Traffic Counts Exceed 23,680 CPD!
Total Population (5-MI): 49,867 | Average Household Income (1-MI): $87,144

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

Slim Chickens - Florence, AL

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

3,570 SF

Building Class

Year Built

2023

Price

$3,252,000

Price Per SF

$910.92

Cap Rate

NOI

$195,101

Tenancy

Single

Building Height

1 Story

Building FAR

0.09

Lot Size

0.93 AC

Zoning

C - Commercial

Frontage

319’ on Cloverdale Road

AMENITIES

Restaurant

Signage

MAJOR TENANTS

Accommodation and Food Services
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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.