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.
Slim Chickens
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
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
