Slim Chickens 1864 Democracy Pt Local commercial 358 m² À vendre Colorado Springs, CO 80908 3 551 157 € (9 928,40 €/m²)

Constructed in 2021, this 3,850-square-foot freestanding Slim Chickens restaurant—complete with a dedicated drive-thru—is situated on a prime 0.95-acre parcel in one of Colorado Springs’ most dynamic and fast-growing neighborhoods. The property is secured by a long-term, passive investment structure, featuring a 20-year absolute NNN fee simple lease that extends through February 2041.
Investment Highlights:
Long-Term Lease Backed By Established Franchisee: L.O.V.E. Restaurant Group, Inc., a successful and experienced franchisee of the fast-growing Slim Chickens brand, entered a 20-year lease commencing on February 22, 2021. The lease offers approximately 15.5 years of remaining term, providing long-term income security with a strong operator.
Absolute NNN Lease Structure: The lease is structured as an absolute triple net (NNN), with zero landlord responsibilities for maintenance, operations, or capital expenses.
Rare Fee Simple QSR: As a fee-simple ownership structure, investors can bene?t from depreciation of the improvements—an advantage not available with ground lease assets—making this a highly attractive and tax-efficient investment
Attractive Rent Increases: The lease features 7.5% rent increases every ?ve years, both during the primary term and renewal options, offering a reliable hedge against in?ation and consistent income growth over time.
Slim Chickens: Fast-Casual Growth Leader Backed By Strategic Capital: Slim Chickens is a rapidly growing fast-casual brand with 290+ locations across the U.S., U.K., and Germany. Backed by institutional capital and seasoned franchisees, it aims to reach 600+ units by 2027. In 2024, the brand generated over $450 million in global sales, driven by strong loyalty, consistent performance, and solid unit economics. Ongoing investment in expansion and infrastructure positions Slim Chickens as a leading force in fast-casual dining.