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Slim Chickens
451 North U.S. Highway 52, Moncks Corner, SC 29461
$3,385,000
Cap Rate 6.50%
Summary
| Price $3,385,000 | Built/Renov 2023 | Tenant Slim Chickens |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,680
| Lease Start
11-01-2023
| #Units
32
|
| Price/SF $1,263.06 | Expiration
10-01-2038
| Tenant Type Fast Casual/Rest. |
| NOI $220,000 | R. Term 14.9 | Ownership Fee Simple |
| Rent/SF
$82.09
| Increases 6.0%/5/yrs | Pop 5Mi 21,742 |
| Lot/AC 1.00 | Options 3/5yrs/6% | AHHI 5Mi $81,920 |
| | |
Lease Highlights
- Slim chickens is currently under construction and will feature state-of-the-art design and modern amenities
- Brand-new 15-year lease with 3 (5-year) options to extend
- Lease features 6% rental increases every 5 years throughout the initial term and at the beginning of each option period
- Absolute NNN lease | Zero landlord responsibilities
- Lease guaranteed by Chandler Restaurant Group, LLC
Location Description
Slim Chickens is located near the signalized, hard corner intersection of U.S. Highway 52 and Rembert C. Dennis Blvd, with a combined 44,600 vehicles passing by daily. The property will feature a brand new, state-of-the-art construction and a unique footprint with a dual-lane drive-thru. Slim Chickens is within close proximity to a variety of national/credit tenants including Walmart...
...Features
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New construction
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Signalized intersection
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New prototype
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Dense retail corridor
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Near major nationals
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Highway location
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Top 100 MSA
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Brand new lease
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Absolute NNN
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25+ unit franchisee backed
...
Maps
Tenant
- Tenant: Slim Chickens
- Guarantor:Franchisee
- Company:Chandler Restaurant Group, LLC
- # Units:32
- Stock:Private
About Tenant
Slim Chickens fast-casual restaurant chain that specializes in hand-breaded chicken tenders, wings, chicken and waffles, chicken sandwiches, salads, wraps and more. In 2003, the first corporate...
...
Traffic
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| US 52;US 17 Alternat | Red Hill Rd | 2021 | 27,800 | 0.13 mi |
| S- 316 (STONY LANDING RD), S- 1094 TO DEAD END | Executive Park Way | 2021 | 1,950 | 0.74 mi |
| Stoney Landing Rd | Rembert C Dennis Blvd | 2010 | 2,000 | 0.76 mi |
| Stony Landing Rd | Executive PkWay | 2015 | 2,400 | 0.77 mi |
| Rembert C Dennis Boulevard | Cooper River Blvd | 2021 | 9,100 | 0.84 mi |
| Wall Street | President Cir | 2021 | 600 | 0.84 mi |
| Stony Landing Rd | Executive PkWay | 2019 | 700 | 0.87 mi |
| US Hwy 52 | Ramp | 2018 | 18,500 | 0.93 mi |
| US Hwy 52 | Hwy 402 | 2010 | 28,300 | 0.98 mi |
| US 52;SC 6 Truck | Hwy 52 | 2021 | 18,500 | 1.01 mi |
