Slim-Chickens-(30-of-30).jpg
Slim-Chickens-(30-of-30).jpg
Slim Chickens (Madison, AL)
130 Outfield Drive, Madison, Al 35758
Slim Chickens Cover with Writing at bottom (Madison,Al).PNG
Property Summary
  • Price: $4,015,529
  • CAP Rate: 5.35% 
  • Leasable Area: 2,800 SF
  • Status: Available
  • Lease Type: Triple Net (NNN)
  • Lease Term Remaining: 14 Years 
  • Guarantee: Personal (***Ask Broker for Details)
  • NOI: $214,830 / Year
Investment Highlights
  • Top performing store in the system. Slim Chickens at Town Madison is
    in the 90% percentile (source: PlacerAI) of all Slim Chickens locations
    nationwide

  •  Healthy store performance with low rent to sales ratio of 5.13% | Sales exceeding $4.5MM on an annual basis

  • NNN Lease – Landlord is responsible for roof and structural compo-
    nents

  • 15 Year original term lease with 14.5 Years remaining 

  • Newly Constructed location, property was built in 2021, Roof warranty
    in place

  • Great Visibility & Access Right Off I-565 & Zierdt Rd inside the newly de-
    veloped Town Madison Complex

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

  • Slim Chickens currently has over 195 units spread over 19 states in the
    South East as well as 10 locations international in the U.K and Kuwait

  • Located in The Town Madison Development, which is currently expanding by adding 5 different residence complexes, Margaritaville Hotel, CAVA, Edgars, Lola’s Cocina, Panda Express, SaZa Serious Italian Food, Starbucks, and Walk On’s Sports Bistreaux, BJ’s Wholesale and more

  • Trophy Location-Subject Property is adjacent to Minor League Baseball Stadium 

P1021344 copy (3)_edited_edited.jpg

Nick Cartus (Lead Contact)

Phone: (714) 878-6004

Mobile: (949) 419-3240

Email: Nick.Cartus@Marcusmillichap.com

Lic. # 02025512

2_edited.jpg

Neil Naran

Phone:  (909) 456-3476

Mobile: (949) 842-9202

Email: Neil.Naran@Marcusmillichap.com

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.