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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
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
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
$3,252,000
Price Per SF
$910.92
Cap Rate
6%
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
- 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 | - | - | - |
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Cloverdale Road | Wright Dr, N | 20,370 | 2025 | 0.06 mi |
| Cloverdale Road | Davis Ave, N | 21,732 | 2025 | 0.06 mi |
| Cloverdale Rd | Wright Dr, N | 20,409 | 2024 | 0.44 mi |
| East Rasch Road | Hickory TrceLn, W | 3,642 | 2025 | 0.61 mi |
| East Rasch Road | Hickory Trace Ln, W | 3,723 | 2020 | 0.61 mi |
| Cloverdale Road | Cox Creek Pkwy, S | 22,395 | 2025 | 0.61 mi |
| Cloverdale Road | Buford St, S | 17,379 | 2025 | 0.61 mi |
| W Rasch Rd | Darby Ln, E | 2,243 | 2022 | 0.64 mi |
| West Rasch Road | Rhodes Dr, E | 2,244 | 2025 | 0.64 mi |
| Doxie Drive | - | 3,289 | 2025 | 0.65 mi |
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
MAP
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