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3201 Cloverdale Rd
Florence, AL 35633

$3,002,000 USD

Fast Food For Sale  •  3,570 SF

Property Details

• Property Type Fast Food
• Total Building Size 3,570 SF
• Lot Size 0.93 AC
• Building Class B
• Year Built 2023
• Cap Rate 6.50 %
• Tenancy Single
• Zoning C

0 Transit Score

51 Walk Score

Highlights

LEASE: 17+ Years Remaining on Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!

TENANT | LEASE GUARANTOR: Simply Slim AL, LLC owns & operates a total of 5 Slim Chicken locations across Alabama

STRONG SALES PERFORMANCE: Successfully open & operating since 2023 with an attractive 8.13% Rent to Sales Ratio (YE 2024)!

NEW CONSTRUCTION: New, High-Quality, Build-to-Suit Construction of Slim Chickens Latest Prototype with Double Drive-Thru!

TRAFFIC COUNTS: Positioned on a ±0.93-Acre Lot with Great Visibility/ Access on Cloverdale Rd where Traffic Counts Exceed 23,680 CPD!

2025 DEMOGRAPHICS: Total Population (5-MI): 49,984 | Average Household Income (1-MI): $86,329

Property Flyers

slimchickens.florence08_PKG

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Slim Chickens		3/31/2043

Amenities

• Restaurant
• Signage