Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
$2,964,000
Slim Chickens - Montgomery AL
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,800
Cap Rate 6.75%
NOI $200,040
Occupancy 100%
Tenancy Single
Brand/Tenant Slim Chickens
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $1,059
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 1
Stories 1
Acreage 1.650
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Retail | 6.75% CAP | 2,800 SqFt
Investment highlights
13+ Years Remaining | Annual Rental Increases | Growing Brand
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Dense Retail Corridor | Strong National/Credit Tenant Presence | University of Auburn at Montgomery
Signalized, Hard Corner Intersection | Interstate 85 | Excellent Visibility & Access
Strong Demographics in 5-mile Trade Area | Six-Figure Incomes
Listing Contacts
Listed by SRS Real Estate Partners Atlanta, Aronov Realty Brokerage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$200,040.00
$16,670.00/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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