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3201 Cloverdale Rd
Florence, AL 35633

$3,252,000 USD

Fast Food For Sale  •  3,570 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,570 SF
  • Lot Size 0.93 AC
  • Building Class B
  • Year Built 2023
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning C
0 Transit Score
45 Walk Score

Highlights

Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
Dixie Chicken, LLC Owns & Operates a Total of 15 Slim Chickens Locations (13 in Arkansas & 2 in Alabama)
New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru - Slated to Open March 2023!
Positioned on a ±0.93-Acre Lot with Great Visibility/Access on Cloverdale Rd where Traffic Counts Exceed 22,310 CPD!
Across the Street from a Large Chapel Church & Blocks Away from Walmart!
Total Population (5-MI): 48,859 | Average Household Income (1-MI): $75,780
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Slim Chickens

Amenities

  • Restaurant
  • Signage
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC