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.