Restaurant
Slim Chickens
4641 S Cochise Dr, Independence, MO 64055
Listing Price: $3,016,400
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Slim Chickens located at 4641 Cochise Drive in Independence, Missouri. Built in 2014, the property consists of approximately 3,185 square feet of building space and is situated on roughly 0.75 acres of land. The Slim Chickens is subject to a 22-year absolute triple-net (NNN) lease, which commenced August 3rd, 2015. The current annual rent is $173,443 and is scheduled to increase by one and a half percent (1.50%) annually starting in April 2027 and continue throughout the base term and in each of the four (4), five (5)-year renewal option.
Slim Chickens
Investment Highlights
- Long-Term, 22-Year Absolute Triple Net (NNN) Lease With 16 Years Remaining
- Strong Hedge Against Inflation | One and a Half Percent (1.50%) Annual Rental Increases Starting April 2027
- Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 42 Years
Exclusively Listed By
Broker of Record
Listing Price: $3,016,400
Investment Highlights
- Long-Term, 22-Year Absolute Triple Net (NNN) Lease With 16 Years Remaining
- Strong Hedge Against Inflation | One and a Half Percent (1.50%) Annual Rental Increases Starting April 2027
- Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 42 Years
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Slim Chickens located at 4641 Cochise Drive in Independence, Missouri. Built in 2014, the property consists of approximately 3,185 square feet of building space and is situated on roughly 0.75 acres of land. The Slim Chickens is subject to a 22-year absolute triple-net (NNN) lease, which commenced August 3rd, 2015. The current annual rent is $173,443 and is scheduled to increase by one and a half percent (1.50%) annually starting in April 2027 and continue throughout the base term and in each of the four (4), five (5)-year renewal option.
Exclusively Listed By
Broker of Record
