STRONG LEASE FUNDAMENTALS
- Slim Chickens signed a 15 Year Lease with 3 x 5 Year extensions
- The lease is Abs. NNN with zero landlord responsibilities providing a hands-off long term investment
FAST GROWING QSR BRAND (200+ LOCATIONS)
- With over 204 locations across the United States, Slim Chickens is expanding quickly
- With the goal of signing 150 new franchisee agreements and opening 50 more locations before years end growing brand recognition nationally
NEW CONSTRUCTION ON A HIGH TRAFFICKED CORRIDOR
- Site was Constructed in 2024 with the tenants new prototype
- Fronts Carolina Forest Blvd with cross access to River Oaks Dr
TOURIST DESTINATION
- Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually
- Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021
- Home to 25 international companies, in the top 10 for Foreign Direct Investment
- The subject property is approximately 30 miles north of the Grand Strand
POSITIONED IN BRAND NEW MIXED USE COMMUNITY
- Outparcel to brand new Publix anchored center (66.4K SF) & Hawthorne at Mill, a 290 Unit Apartment Complex
- Within a 1-mile radius of the site is more than 350K SF of retail space
- Nearby National Retail Tenants Include: Food Lion, Lowe’s Foods, CVS, Walmart Supercenter, Costco, and much more
MYRTLE BEACH MSA
- Over 40K people live in a 3-mile radius, which has grown at an annual rate of 2.9% over the last 5 years (According to
- Myrtle Beach has been named fastest grown City in the US for 3rd straight year (U.S. News & World Report 2023)
- 42% increases from 2010