

Slim Chickens (Madison, AL)
130 Outfield Drive, Madison, Al 35758
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Property Summary
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Price:
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CAP Rate:
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Leasable Area: 2,800 SF
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Status: Available
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Lease Type: Double Net (NN)
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Lease Term Remaining: 14 Years
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Guarantee: Personal (***Ask Broker for Details)
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NOI: $214,830
Investment Highlights
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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
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NNN Lease – Landlord is responsible for roof and structural compo-
nents -
15 Year original term lease with 14.5 Years remaining
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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
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Trophy Location-Subject Property is adjacent to Minor League Baseball Stadium
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Nick Cartus (Lead Contact)

Neil Naran

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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.