3201 Cloverdale Rd - Fast Food FOR SALE


Florence, AL 35633
$3,002,000 USD
480-718-5555
3201 Cloverdale Rd, Florence, AL for Sale
$3,002,000 USD
Fast Food - FOR SALE
1/6
null | 6.5% Cap Rate

3201 Cloverdale Rd
Florence, AL 35633


HIGHLIGHTS

  • 18+ Years Remaining on Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
  • Dixie Chicken, LLC Owns & Operates a Total of 17 Slim Chickens Locations (12 in Arkansas & 5 in Alabama)
  • New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru!
  • Positioned on a ±0.93-Acre Lot with Great Visibility/ Access on Cloverdale Rd where Traffic Counts Exceed 23,680 CPD!
  • Total Population (5-MI): 49,867 | Average Household Income (1-MI): $87,144

OVERVIEW

(Building & Land) Fee Simple In Association with Designated Broker: Brian Brockman – Broker License #: 119315 Bang Realty, Inc bor@bangrealty.com 513-898-1551

FOR SALE DETAILS

PRICE

$3,002,000 USD

PRICE/SF

$841 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SLIM CHICKENS – FLORENCE, AL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

C

APN/PARCEL ID

15-08-27-3-003-003.000

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.