Restaurant
Slim Chicken's
1311 N Brightleaf Blvd, Smithfield, NC 27577
Listing Price: $4,500,000
Cap Rate
6.00%
Tenant Name
Slim Chicken's
Years Remaining On Lease
14.4
Gross SF
2,761
Guarantor
Personal Guarantee
Rentable SF
2,761
Price/Gross SF
$1,629.84
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$97.79
Investment Overview
Marcus & Millichap is pleased to present for sale an Absolute Triple-Net Leased Slim Chicken's located in Smithfield, NC.
Slim Chicken's
Investment Highlights
- Absolute Triple Net Leased Asset | Quick Service Restaurant with Drive-Thru
- 15-Year NNN Lease wit h CPI Rent Increases E very 5 Year s
- Strong Sales Reported | Additional Percentage Rent Projected
- Adjacent to #1 Walmart in 30-Mile Radius
- High Visibility on Brightleaf Blvd with 23,500+/- VPD
- Slim Chickens Brand: 290-Locations In 30-States And Growing
- Raleigh, NC Suburb with 28,499-Population in 5-Mile Radius
- Johnston County: Population Growth Of 25% In The Last Decade
Listing Price: $4,500,000
Cap Rate
6.00%
Tenant Name
Slim Chicken's
Years Remaining On Lease
14.4
Gross SF
2,761
Guarantor
Personal Guarantee
Rentable SF
2,761
Price/Gross SF
$1,629.84
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$97.79
Investment Highlights
- Absolute Triple Net Leased Asset | Quick Service Restaurant with Drive-Thru
- 15-Year NNN Lease wit h CPI Rent Increases E very 5 Year s
- Strong Sales Reported | Additional Percentage Rent Projected
- Adjacent to #1 Walmart in 30-Mile Radius
- High Visibility on Brightleaf Blvd with 23,500+/- VPD
- Slim Chickens Brand: 290-Locations In 30-States And Growing
- Raleigh, NC Suburb with 28,499-Population in 5-Mile Radius
- Johnston County: Population Growth Of 25% In The Last Decade
Investment Overview
Marcus & Millichap is pleased to present for sale an Absolute Triple-Net Leased Slim Chicken's located in Smithfield, NC.
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