loader
Join Free
Views: 122 Updated: 08.06.24 Posted: 09.09.23 Status: Sold

Summary

Price $3,143,000
Built/Renov 2023
Tenant Slim Chickens
Cap Rate 7.00%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 2,680
Lease Start 11-01-2023
#Units 32
Price/SF $1,172.76
Expiration 10-01-2038
Tenant Type Fast Casual/Rest.
NOI $220,000
R. Term 13.11
Ownership Fee Simple
Rent/SF $82.09
Increases 6.0%/5/yrs
Pop 5Mi 21,742
Lot/AC 1.00
Options 3/5yrs/6%
AHHI 5Mi $81,920

Lease Highlights

  • Slim chickens is currently under construction and will feature state-of-the-art design and modern amenities
  • Brand-new 15-year lease with 3 (5-year) options to extend
  • Lease features 6% rental increases every 5 years throughout the initial term and at the beginning of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Lease guaranteed by Chandler Restaurant Group, LLC

Location Description

Slim Chickens is located near the signalized, hard corner intersection of U.S. Highway 52 and Rembert C. Dennis Blvd, with a combined 44,600 vehicles passing by daily. The property will feature a brand new, state-of-the-art construction and a unique footprint with a dual-lane drive-thru. Slim Chickens is within close proximity to a variety of national/credit tenants including Walmart...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Slim Chickens
  • Guarantor:Franchisee
  • Company:Chandler Restaurant Group, LLC
  • # Units:32
  • Stock:Private

About Tenant

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...


...

Traffic

Collection Street Cross Street Year Traffic Vol Distance
US 52;US 17 Alternat Red Hill Rd 2021 27,800 0.13 mi
S- 316 (STONY LANDING RD), S- 1094 TO DEAD END Executive Park Way 2021 1,950 0.74 mi
Stoney Landing Rd Rembert C Dennis Blvd 2010 2,000 0.76 mi
Stony Landing Rd Executive PkWay 2015 2,400 0.77 mi
Rembert C Dennis Boulevard Cooper River Blvd 2021 9,100 0.84 mi
Wall Street President Cir 2021 600 0.84 mi
Stony Landing Rd Executive PkWay 2019 700 0.87 mi
US Hwy 52 Ramp 2018 18,500 0.93 mi
US Hwy 52 Hwy 402 2010 28,300 0.98 mi
US 52;SC 6 Truck Hwy 52 2021 18,500 1.01 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity