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11594 Memorial Pkwy SW Huntsville, AL 35803

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For Sale
$3,250,000

New drive-thru Slim Chickens in Huntsville, AL for sale.

Property size:
3,044 SF
Lot size:
1.31 Acres

Property Features for 11594 Memorial Pkwy SW

General Information

Standard status
Active
Zoning
LI
Size
3,044 SF
Lot size
1.31 Acres

Building Details

Year built
2022

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Listing Contact
Hunter Steffien
Source: Crexi

Listing Agency: Faris Lee Investments Listing Agent: Hunter Steffien

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Slim Chickens Drive-Thru

This property features a new, drive-thru Slim Chickens located in Huntsville, AL. Constructed in 2022, the property has over three years of operating history. A 15-year Absolute NNN lease will commence at the close of escrow, with 10% rental increases every five years. This investment opportunity conveys fee simple interest with both land and building ownership. The property’s modern drive-thru design includes a split two-lane configuration. Positioned adjacent to a Walmart Supercenter-anchored shopping center on Memorial Parkway with traffic of approximately 45,000 vehicles per day, this asset represents an ideal opportunity for a passive or 1031 exchange investor seeking a high-quality, QSR investment property with zero landlord responsibilities. Slim Chickens is known for its fresh, hand-breaded chicken tenders, made-to-order meals, and Southern-inspired hospitality, and continues to expand rapidly across the United States and internationally. The subject property is located within the high-growth Huntsville AL market. The site occupies a dominant hard-corner parcel along Memorial Parkway with multiple points of ingress and egress from two thoroughfares. The adjacent Walmart Supercenter generated approximately 2.0 million visits in the last 12 months. The trade area is supported by more than 27,000 homes within a five-mile radius, totaling over 64,000 residents with an average household income of $124,700 dollars. The city of Huntsville has grown a remarkable 16% since the 2020 Census and continues to benefit from major public and private investment, including the recent relocation of U.S. Space Command headquarters and Eli Lilly’s $6 Billion dollar manufacturing investment. The property size is 3,044 square feet.
Location Intelligence

Current Use by Public Records

Slim Chickens Restaurant

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Huntsville
County
Madison
State
Alabama
Longitude
-86.567808
Latitude
34.617839

FAQs

What type of property is this?
Drive through restaurant - New drive-thru Slim Chickens in Huntsville, AL for sale.
Where is this drive through restaurant located?
The property is located at 11594 Memorial Pkwy SW Huntsville, AL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: - New 2022 construction Slim Chickens with a 15-year Absolute NNN lease.; - Located in high-growth Huntsville, AL, known as "Rocket City USA".; - Long-term lease includes 10% rental increases every five years.
More about this property
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