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Restaurant

Slim Chickens - Clift Farms

8168 Hwy 72 W, Madison, AL 35758

Listing Price: $4,090,272

Cap Rate
5.50%
Tenant Name
Slim Chickens
Years Remaining On Lease
13.8
Guarantor
Personal Guarantee
Rentable SF
2,800
Lease Type
Double Net
Rent Per Square Feet
$80.34

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Slim Chickens triple net (NNN) in Madison, Alabama. The property consists of a 2,800-square-foot, freestanding building that sits on approximately 1.00 acres of land. There are approximately 14 years remaining on the current lease term, with 1.5 percent annual rental escalations.

Investment Highlights

  • TOP 3 PERFORMING STORE IN 200+ SYSTEM | HIGHLY EXPERIENCED OPERATOR
  • LONG TERM LEASE | TRIPLE NET (NNN) LEASE | ANNUAL RENT INCREASES | MASTER DEVELOPMENT
  • MAJOR POPULATION GROWTH | SURROUNDED BY MODERN DEVELOPMENT | TROPHY AREA
  • FAST GROWING CHICKEN CHAIN | CURRENTLY 200+ LOCATIONS NATIONWIDE

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Restaurant

Slim Chickens - Clift Farms

Listing Price: $4,090,272

Cap Rate
5.50%
Tenant Name
Slim Chickens
Years Remaining On Lease
13.8
Guarantor
Personal Guarantee
Rentable SF
2,800
Lease Type
Double Net
Rent Per Square Feet
$80.34

Investment Highlights

  • TOP 3 PERFORMING STORE IN 200+ SYSTEM | HIGHLY EXPERIENCED OPERATOR
  • LONG TERM LEASE | TRIPLE NET (NNN) LEASE | ANNUAL RENT INCREASES | MASTER DEVELOPMENT
  • MAJOR POPULATION GROWTH | SURROUNDED BY MODERN DEVELOPMENT | TROPHY AREA
  • FAST GROWING CHICKEN CHAIN | CURRENTLY 200+ LOCATIONS NATIONWIDE

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Slim Chickens triple net (NNN) in Madison, Alabama. The property consists of a 2,800-square-foot, freestanding building that sits on approximately 1.00 acres of land. There are approximately 14 years remaining on the current lease term, with 1.5 percent annual rental escalations.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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