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Restaurant

Slim Chickens

7501 Phoenix Ave, Fort Smith, AR 72903

Listing Price: $3,396,860

Cap Rate
5.00%
Tenant Name
Slim Chickens
Years Remaining On Lease
19.3
Guarantor
Corporate Guarantee
Rentable SF
2,992
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$56.77

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Slim Chickens located at 7501 Phoenix Avenue in Fort Smith, Arkansas. The site consists of roughly 2,992 rentable square feet of building space on a 1-acre parcel of land. This Slim Chickens is subject to a 20-year absolute triple-net (NNN) lease, which commenced August 23, 2021. The rent is scheduled to increase by 1% every year throughout the base term and in each of the 4, 5-year renewal options.

Investment Highlights

  • Very High Store Sales | Inquire With Listing Agent
  • Brand New 20-Year Absolute Triple Net (NNN) Lease | Approximately 19.25 Years Remaining
  • One Percent (1%) Annual Increases Occurring Throughout the Initial Term & Renewal Options

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Restaurant

Slim Chickens

Listing Price: $3,396,860

Cap Rate
5.00%
Tenant Name
Slim Chickens
Years Remaining On Lease
19.3
Guarantor
Corporate Guarantee
Rentable SF
2,992
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$56.77

Investment Highlights

  • Very High Store Sales | Inquire With Listing Agent
  • Brand New 20-Year Absolute Triple Net (NNN) Lease | Approximately 19.25 Years Remaining
  • One Percent (1%) Annual Increases Occurring Throughout the Initial Term & Renewal Options

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Slim Chickens located at 7501 Phoenix Avenue in Fort Smith, Arkansas. The site consists of roughly 2,992 rentable square feet of building space on a 1-acre parcel of land. This Slim Chickens is subject to a 20-year absolute triple-net (NNN) lease, which commenced August 23, 2021. The rent is scheduled to increase by 1% every year throughout the base term and in each of the 4, 5-year renewal options.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

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