Slim Chickens

Slim Chickens – Single‑Tenant Net Lease Investment
Tupelo MSA, MS | Fast‑Casual Drive‑Thru & Delivery | Absolute NNN Lease | Passive Income Opportunity

Overview
This offering features a freestanding Slim Chickens restaurant in the Tupelo metropolitan area of Mississippi. The property is secured under a long-term absolute triple-net (NNN) lease, transferring all site-level costs—property taxes, insurance, maintenance, utilities, landscaping, and structural repairs—to the tenant. Scheduled rent escalations at defined intervals ensure income growth aligned with inflation. With no landlord obligations, this asset offers truly passive income and aligns with investor objectives centered on net lease investment properties, single-tenant NNN assets, fast-casual restaurant holdings, and 1031 exchange-friendly investments.

Investment Highlights

• Absolute NNN lease structure with full tenant accountability
• Prototype building designed for drive-thru and delivery operations
• Operated by a proven regional franchisee committed to brand standards
• Long-term lease featuring scheduled rent escalations and renewal options
• Located on a signalized corner within a core retail and commuter corridor

Tenant Overview
Slim Chickens is a rapidly growing fast‑casual brand known for high-end chicken tenders, wings, sandwiches, and robust dipping sauce offerings. This location is managed by a dynamic franchisee with strong multi-unit performance in the region. While the lease is franchisee-guaranteed instead of corporately secured, ongoing investment in location upkeep, quality control, and customer experience supports strong tenancy and operational success.

Lease Summary

• Lease Type: Absolute NNN
• Term: Extended primary lease term with years remaining
• Escalations: Predefined rent increases at scheduled intervals
• Renewal Options: Included for term continuity
• Landlord Responsibilities: None

The lease provides hands-off income with built-in growth and minimal management oversight.

Site Overview
Built to Slim Chickens prototype standards, the property supports efficient drive-thru service and delivery staging. It features branded exterior finishes, visible signage, customer parking, and designated delivery zones. Located at a signalized intersection within Tupelo’s main retail corridor, the site benefits from strong visibility, easy access, and high consumer exposure. Neighboring tenants include grocery, pharmacy, quick-service restaurants, and service businesses—generating consistent footfall across all dayparts.

Market Overview – Tupelo MSA
Tupelo serves as a regional hub anchored by healthcare, education, manufacturing, retail, and tourism. Retail corridors in the metro include well-known grocers, pharmacies, restaurants, and service providers that drive regular traffic. Convenience-focused formats like fast‑casual drive-thru and delivery continue to perform strongly, driven by evolving consumer preferences in similar markets.

Demographics and Trade Area
The surrounding trade area includes households, families, working professionals, students, and public-sector employees. Residential neighborhoods, educational institutions, healthcare centers, and local businesses contribute to steady traffic across morning, midday, evening, and weekend periods. Retail and institutional anchors further reinforce frequency and visitation consistency.

Consumer Demand Drivers

• Convenience-focused customers drawn to fast drive-thru and delivery service
• Brand recognition, menu variety, and quality prompting repeat business
• Strategic corner placement enhancing visibility and accessibility
• Synergy with adjacent retail anchors delivering cross-shopping potential
• Multi-daypart performance—from breakfast snacks to dinner and weekend orders

Income Profile and Uplift
Scheduled rent escalations ensure income growth without landlord-funded capital improvements. Under the absolute NNN lease, tenant‑paid operating expenses result in clean, predictable net cash flow that aligns with conservative underwriting. Continued franchisee investment in location upkeep, marketing, and site appearance maintains asset value and supports tenant retention.

Ideal Buyer Profile
This Slim Chickens asset suits:

• 1031 exchange investors seeking passive‑income replacements
• Fast-casual portfolio builders focusing on drive‑thru and delivery-enabled brands
• Family offices and private investors targeting low‑maintenance, income-generating real estate
• Institutional investors or small-cap REITs investing in stable NNN properties
• Conservative investors prioritizing inflation-protected, hands‑off passive income

Market Positioning & Trends
Fast‑casual chicken-focused brands with drive‑thru and delivery capacity remain among the most sought-after subcategories in the net-lease market. Slim Chickens delivers strong consumer appeal and repeat use patterns that align well with investor demand. The scarcity of well-located freestanding pads in Tupelo enhances scarcity value and supports favorable pricing and liquidity. This asset aligns with investor searches such as net lease investment properties, single-tenant NNN retail, fast-casual NNN lease investments, Slim Chickens NNN assets, and 1031 exchange opportunities.

Conclusion
This Slim Chickens restaurant in the Tupelo MSA offers a compelling, passive-income investment. Featuring a long-term absolute NNN lease, franchisee-backed tenancy, structured rent escalations, and prime retail placement in a stable regional market, it delivers hands-off income and long-term value potential. With tenant-handled expenses, inflation-aligned growth, and strong consumer appeal, it stands as a strategic addition to diversified net-lease restaurant real estate portfolios.

Please contact us for more information.