Slim Chickens – Florence, Al

Highlights:

• LEASE: 17+ Years Remaining on Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
• TENANT | LEASE GUARANTOR: Simply Slim AL, LLC owns & operates a total of 5 Slim Chicken locations across Alabama with plans to continue to grow their unit count in the years to come & through various entities, continues to be the largest franchisee in the system by unit count (17 units total)!
• STRONG SALES PERFORMANCE: Successfully open & operating since 2023 with an attractive 8.13% Rent to Sales Ratio (YE 2024)!
• NEW CONSTRUCTION: New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru!
• TRAFFIC COUNTS: Positioned on a ±0.93-Acre Lot with Great Visibility/ Access on Cloverdale Rd where Traffic Counts Exceed 23,680 CPD!
• 2025 DEMOGRAPHICS: Total Population (5-MI): 49,984 | Average Household Income (1-MI): $86,329

Description:

Slim Chickens has 17+ Years Remaining on Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years! The Tenant, Simply Slim AL, LLC owns & operates a total of 5 Slim Chicken locations across Alabama with plans to continue to grow their unit count in the years to come & through various entities, continues to be the largest franchisee in the system by unit count (17 units total)! It is Successfully open & operating since 2023 with an attractive 8.13% Rent to Sales Ratio (YE 2024)!
The Asset is Positioned on a ±0.93-Acre Lot with Great Visibility/ Access on Cloverdale Rd where Traffic Counts Exceed 23,680 CPD! Retailers in Florence include Walmart, Target, Sam's Club, Lowe's, Home Depot, Hobby Lobby, Kohl's, TJ Maxx, Ross Dress for Less, Belk, Old Navy, Dick's Sporting Goods, Academy Sports + Outdoors, Factory Connection, Martin's Family Clothing, Ulta Beauty, Five Below, Office Depot, Petsmart, Petco, Books-A-Million, Ollie's Bargain Outlet, Ashley, Farmers Home Furniture, Royal Furniture, Publix, ALDI, Foodland, Ace Hardware, Harbor Freight Tools, Dollar General, Dollar Tree, America's Thrift Stores & Donation Center, O’Reilly Auto Parts, Advance Auto Parts, Planet Fitness, Crunch Fitness, Workout Anytime, AMC Theatres. It is 3 miles from University of North Alabama - a public university offering various master's & doctoral programs with 10,730 students (Fall 2025); 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

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