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Restaurant

Slim Chickens

990 N 400 E, Spanish Fork, UT 84660

Listing Price: $4,610,000

Cap Rate
5.25%
Tenant Name
Slim Chickens
Years Remaining On Lease
19.8
Gross SF
1
Guarantor
Franchisee Guarantee
Rentable SF
1
Price/Gross SF
$4,610,000.00
Lease Type
Absolute Net
Rent Per Square Feet
$242,025.00

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 20 year absolute triple net sale leaseback Slim Chickens in Spanish Fork, Utah.

Investment Highlights

  • Brand New 20-Year Absolute Triple Net (NNN) Sale Leaseback with Renewal Options
  • Previously Experienced Burger King Franchisee - Now Slim Chickens
  • Exclusive Agreement with Slim Chickens for 30 Locations in Colorado and Utah
  • Opened in 2023, Double Drive-Thru, All Season Patio
  • High Visibility, Easy Accessible Location, Hard Corner

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-SA00

    Utah

Restaurant

Slim Chickens

Listing Price: $4,610,000

Cap Rate
5.25%
Tenant Name
Slim Chickens
Years Remaining On Lease
19.8
Gross SF
1
Guarantor
Franchisee Guarantee
Rentable SF
1
Price/Gross SF
$4,610,000.00
Lease Type
Absolute Net
Rent Per Square Feet
$242,025.00

Investment Highlights

  • Brand New 20-Year Absolute Triple Net (NNN) Sale Leaseback with Renewal Options
  • Previously Experienced Burger King Franchisee - Now Slim Chickens
  • Exclusive Agreement with Slim Chickens for 30 Locations in Colorado and Utah
  • Opened in 2023, Double Drive-Thru, All Season Patio
  • High Visibility, Easy Accessible Location, Hard Corner

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a 20 year absolute triple net sale leaseback Slim Chickens in Spanish Fork, Utah.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): UT: 6250302-SA00

    Utah

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