- Brand new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
- The lease is guaranteed by the franchisee, Break Bread Ventures, LLC which comes with personal guarantees from each of the franchisee founders
- Slim Chickens is a very strong brand with more than 140 locations and 650 units in development
- Slim Chickens average unit volume is $3.4 million
- The lease features 5% rental increases every five years and at the beginning of each option, growing NOI and hedging against inflation
Investment Offering
Columbia, SC - Slim Chickens
7550 Garners Ferry Rd | Columbia, SC 29209
$3,321,700
Price6%
Cap Rate$199,302
NOI3,892
± SF Offering GLADescription
Location
- The subject property is strategically fronting Garners Ferry Road, a primary retail and commuter thoroughfare (49,700 VPD)
- Slim Chickens is located within a dense retail corridor with surrounding shopping centers and big box national/credit retailers
- Surrounding big box national/credit retailers include Walmart Supercenter, Lowe’s, Ollie’s Bargain Outlet, Kimbrell’s Furniture, and more
- Approximately 1 mile from Interstate 77 on/off ramp (87,500 VPD)
- The asset benefits from significant street frontage along Garners Ferry Road, promoting excellent visibility and ease of access
- More than 86,000 residents and 35,000 employees support the trade area
- $97,042 average household income
Documents & Links
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 Offering Memorandum |  |  |