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| Price $3,713,000 | Built/Renov 1999/2023 | Tenant Slim Chickens |
| Cap Rate 6.10% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
7,000
| Lease Start
08-01-2023
| #Units
30
|
| Price/SF $530.43 | Expiration
08-01-2043
| Tenant Type Fast Casual/Rest. |
| NOI $226,512 | R. Term 18.8 | Ownership Fee Simple |
| Rent/SF
$32.36
| Increases 5.0%/5/yrs | Pop 5Mi 103,982 |
| Lot/AC 1.10 | Options 3/5yrs/5% | AHHI 5Mi $87,446 |
| | |
Slim Chickens is conveniently located with excellent access and visibility along Concord Parkway North with 31,500 vehicles passing by daily. The subject property is positioned as an outparcel to Lowe's Home Improvement. It is situated in a dense retail corridor surrounded by various national retailers and down the street from the Carolina Mall. The property's location is also within proximity...
...Signalized intersection
New prototype
Recent renovation
Near major nationals
Shopping Ctr out-parcel
Dense 100M+ pop 5 mi
Top 100 MSA
Affluent suburb location
Brand new lease
25+ unit franchisee backed
Slim Chickens fast-casual restaurant chain that specializes in hand-breaded chicken tenders, wings, chicken and waffles, chicken sandwiches, salads, wraps and more. In 2003, the first corporate...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,650 | 55,879 | 117,966 |
| 2023 Total Population : | 6,215 | 52,427 | 110,823 |
| 2023 Employed Civilian Pop : | 3,335 | 25,640 | 53,583 |
| 2023 Total Businesses : | 490 | 2,537 | 4,007 |
| 2023 Average Household Income : | $ 75,916 | $ 83,002 | $ 91,903 |
| 2023 Total Consumer Spending : | $ 172 M | $ 1502 M | $ 3465 M |
| 2023 Median Age : | 34 | 37 | 39 |
| 2023 Total Households : | 2,585 | 20,754 | 43,499 |
| 2023 Pop Age 25+: Bachelor's Degree : | 815 | 7,266 | 15,987 |
| 2023 Average Home Value : | $ 282,629 | $ 297,096 | $ 306,801 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| US 29-601 | Minnie Ave NW | 2020 | 20,000 | 0.04 mi |
| Concord Parkway North | Porter Ave | 2018 | 22,000 | 0.07 mi |
| Central Dr NW | Porter Ave | 2018 | 11,500 | 0.15 mi |
| Davidson Hwy | Summercreek Ln NW | 2018 | 11,500 | 0.20 mi |
| Central Dr NW | Concord Pkwy N | 2018 | 1,400 | 0.22 mi |
| Central Dr NW | Crystalwood Ct NW | 2018 | 7,300 | 0.36 mi |
| Davidson Hwy | Hall Ave NW | 2016 | 17,000 | 0.38 mi |
| Concord Pkwy N | Davidson Dr NW | 2016 | 29,000 | 0.47 mi |
| Davidson Dr NW | Morton Ave NW | 2018 | 11,000 | 0.61 mi |
| Concord Parkway North | Davidson Dr NW | 2018 | 25,000 | 0.61 mi |
Concord, NC
Cap Rate 6.75%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 4,081
Clearwater, FL
Cap Rate 5.15%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 3,031
Wichita Falls, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 2,950
Springdale, AR
Cap Rate 5.30%
Lease Abs NNN
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Size/SF 3,200
Bellflower, CA
Cap Rate 5.10%
Lease Abs NNN
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Size/SF 2,500
Schaumburg, IL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 2,828
Louisville, KY
Cap Rate 5.13%
Lease NN+
R. Term 11.00 yrs
Size/SF 4,430
Schaumburg, IL
Cap Rate 6.35%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 2,828
Cincinnati, OH
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,900
Vineland, NJ
Cap Rate 5.10%
Lease NN+
R. Term 14.60 yrs
Size/SF 2,325
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
