Overview

Description

Slim Chickens has a Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years! The Tenant, Dixie Chicken, LLC Owns & Operates a Total of 15 Slim Chickens Locations (13 in Arkansas & 2 in Alabama) with 1 Location Under Construction in Alabama - Dixie Chicken, LLC Continues to be the Largest Slim Chickens Franchisee in the System! It is a New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru - Slated to Open March 2023!
The Asset is Positioned on a ±0.93-Acre Lot with Great Visibility/Access on Cloverdale Rd where Traffic Counts Exceed 22,310 CPD! Across the Street from a Large Chapel Church & Blocks Away from Walmart! Retailers in Florence include Walmart, Target, Sam's Club, Lowe's, Home Depot, Hobby Lobby, Bed Bath & Beyond, Kohl's, TJ Maxx, Ross Dress for Less, Belk, Old Navy, Dick's Sporting Goods, Academy Sports + Outdoors, Field & Stream, Factory Connection, Martin's Family Clothing, Big Lots, Tuesday Morning, Ollie's Bargain Outlet, Joann Fabrics, Ashley, Badcock Home Furniture, Five Below, Office Depot, Petsmart, Petco, Books-A-Million, Publix, ALDI, Foodland, Harbor Freight Tools, Dollar General, Dollar Tree, O’Reilly Auto Parts, Advance Auto Parts, Planet Fitness, Crunch Fitness, and AMC Theatres. Slim Chickens is 3 miles from University of North Alabama - a public university offering various master's & doctoral programs with more than 10,000 students (Fall 2022); 5 miles from North Alabama Medical Center - serves as a regional facility with more than 200 physicians who represent more than 42 specialty areas of medicine with 263 beds
In Association with Alabama Designated Broker:
Brian Brockman | Bang Realty-Alabama Inc | License # 119315

Highlights

• Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
• Dixie Chicken, LLC Owns & Operates a Total of 15 Slim Chickens Locations (13 in Arkansas & 2 in Alabama) with 1 Location Under Construction in Alabama - Dixie Chicken, LLC Continues to be the Largest Slim Chickens Franchisee in the System!
• New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru - Slated to Open March 2023!
• Positioned on a ±0.93-Acre Lot with Great Visibility/Access on Cloverdale Rd where Traffic Counts Exceed 22,310 CPD! Across the Street from a Large Chapel Church & Blocks Away from Walmart!
• Total Population (5-MI): 48,859 | Average Household Income (1-MI): $75,780

Documents

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