top of page
SLim Chickens 2 (4 of 11).jpg
Slim Chickens (Madison, AL)
8168 HWY 72 W | MADISON, AL 35758
Hwy 72 Slim Chickens Cover Madison,AL.JPG
Property Summary
  • Price: $4,090,272
  • CAP Rate:  5.50%
  • Leasable Area: 2,800 SF
  • Status: Available
  • Lease Type: Double Net (NN)
  • Lease Term Remaining: 14 Years 
  • Guarantee: Personal (***Ask Broker for Details)
  • NOI: $224,964
Investment Highlights
  • Top 3 performing store in the system. Slim Chickens at Clift Farms is in the 98% percentile (source: PlacerAI) of all Slim Chickens locations nationwide.

  • Superb store performance with low rent to sales ratio of roughly 4.3% | Sales exceeding $5.1MM on an annual basis.

  • Surrounding national credit tenants creating strong retail synergies

  • The average Slim Chickens location sales are $2.5MM.

  • The operator for this location is also operating three other Slim Chickens in the Northern Alabama region and is planning to expand to an additional 4 locations by 2024.

  • Great visibility & access off Hwy 72 (45,000+ VPD) inside the newly developed Clift Farms Complex.

  • The Clift Farms development is currently in its second phase and will add additional tenants in 2023 including Starbucks, Culver’s, Five Guys, Verizon, Cava, Walk-on’s, and Nothing

  •  The Madison and Huntsville metro have seen an annual population increase of over 2% on an annual basis. 23% over the last ten years

  • Slim Chickens currently has over 200 units spread over 30 states in the United States as well as 12 locations across the U.K. and Kuwait.

  • Plans are currently underway to grow and additional 500 units over the next five years.

  •  A balanced mixture of sit-down and drive-thru have helped Slim Chickens through Covid. Same store sales are higher post Covid as compared to pre -pandemic levels.

P1021344 copy (3)_edited_edited.jpg

Nick Cartus (Lead Contact)

Phone: (714) 878-6004

Mobile: (949) 419-3240


Lic. # 02025512


Neil Naran

Phone:  (909) 456-3476

Mobile: (949) 842-9202


Lic. # 02025512

See Our

Deals  & Reports First

The Naran Group of Marcus & Millichap is a net lease investment group. Marcus & Millichap is the most dominant brokerage group in the country with more than 80+ offices and nearly 2,000 agents throughout the US and Canada. Marcus & Millichap currently closes more transactions than any other firm. 

bottom of page