Slim Chickens Ann Arbor, Mi

Highlights:

• LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
• OPERATOR/SUBSTANTIAL REMODEL - Slims Great Lakes 01, LLC is a subsidiary of Integra Holdings, Inc. - Integra Holdings Corp. (3 Personal Guarantors) operates 10 Jimmy Johns restaurants - the Guarantor signed a 25-unit development agreement to build Slim Chickens for several southeast counties. Lease is also Personally Guaranteed by all three principles!
• New, high-quality, build-to-suit construction to Slim Chickens latest prototype - opened December 2024 - Impressive 18-car stack double drive-thru!
• HIGH TRAFFIC COUNTS/VISIBILITY - Situated on a large ±1.62-acre lot - adjacent to Meijer with excellent visibility/ access on S Zeeb Rd with traffic counts of 13,206 CPD! 1/2 mile south of I-94 (main east/west thoroughfare in Ann Arbor) with traffic counts of 89,023 CPD!
• 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 70,042 | Average Household Income (1-MI): $214,047

Description:

Slim Chickens has a Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year renewal options! The Tenant, Slims Great Lakes 01, LLC is a subsidiary of Integra Holdings, Inc. - Integra Holdings Corp. (3 Personal Guarantors) operates 10 Jimmy Johns restaurants - the Guarantor signed a 25-unit development agreement to build Slim Chickens for several southeast counties. Lease is also Personally Guaranteed by all three principles! It has a New, high-quality, build-to-suit construction to Slim Chickens latest prototype - opened December 2024 - Impressive 18-car stack double drive-thru!
The Asset is Situated on a large ±1.62-acre lot - adjacent to Meijer with excellent visibility/ access on S Zeeb Rd with traffic counts of 13,206 CPD! 1/2 mile south of I-94 (main east/west thoroughfare in Ann Arbor) with traffic counts of 89,023 CPD! Major retailers in Ann Arbor include Target, Costco, Meijer, Lowe’s, Menards, Burlington, Kohl’s, T.J. Maxx, HomeGoods, Ross Dress for Less, Old Navy, Dick’s Sporting Goods, Sierra, Dunham’s Sports, REI, Best Buy, Kirkland’s Home, Party City, Staples, Five Below, PetSmart, ALDI, Kroger, Whole Foods Market, Total Wine & More, Dollar Tree, LA Fitness, and Crunch. It is 7.5 miles from University of Michigan Hospital - The 11-story, hospital houses diagnostic equipment, clinical laboratories, operating rooms and inpatient & intensive care units with a total of 66 operating rooms with a 550-in bed facility. The University of Michigan Medical School have an enrollment of 778 medical students, 318 master’s students, 720 PhD students & 513 postdoctoral fellows; 6 miles from the University of Michigan Ann Arbor - a public research university, it is the oldest institution of higher education in the state rated #1 U.S. Public University & #3 National Undergraduate Public Universities offering over 250 degree programs, serving 51,823 students with 1,600+ student organizations.

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