SLIM CHICKENS | $3,285,000 | 5.75% CAP
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Absolute-Net Lease (Zero Landlord Responsibilities): 15.5 Years Currently Remain on the Lease with 10% Rental Increases Every Five Years Including the Four, 5-Year Options to Extend the Term.
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Excellent Visibility and Frontage: Situated on Tower Road Between Two Major Retail Centers, with a High Daily Traffic Count of Over 31,450 Vehicles.
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Strategic Positioning: Green Valley Ranch Neighborhood (11K Households) to the North & Industrial/Flex Office (1.6K Acres) to the South draw a significant daytime population of over 93K within a 3-mile radius.
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Strong Guaranty: Mile High Chicken, LLC Operates 10 Slim Chickens Restaurants with Four Additional Sites to Open by Spring 2024.
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Proximity to Schools: Within a One-mile Radius, Five Schools Serve an Estimated 3,300+ Students, Contributing to Consistent Foot Traffic.
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Surrounded by Major Retailers: Close Proximity to Various Major Retailers such as Walmart, The Home Depot, Best Buy, and Many Others, Enhancing the Site’s Visibility and Foot Traffic.