Block & Company, Inc., Realtors (Kansas City) and The Zall Company (Denver) bring second Slim Chickens restaurant to Colorado
February 12, 2020
Fast-casual restaurant chain, Slim Chickens
is entering the Colorado Springs market with the purchase of a lot at Victory Ridge, a 153-acre mixed-use development located off I-25 & Interquest Parkway in Colorado Springs, Colorado.David M. Block
, President of Block & Company, Inc., Realtors
, a Kansas City-based commercial real estate company, in conjunction with Zachary Albrecht of The Zall Company
, a Denver-based firm, represented Slim Chickens in the transaction. The team procured the sale of the franchise between Slim Chickens Corporate and L.O.V.E. Restaurant Group. This is the team's second Slim Chickens location in Colorado, with another restaurant recently opened in Aurora. Slim Chickens opened its first store in Fayetteville, Ark., in February 2003. Since then, the chain has opened more than 100 stores, including international locations. The team is actively looking for additional sites throughout the state of Colorado for Slim Chickens expansion.
"We enjoyed working with the Slim Chickens' team on this transaction and are looking forward to another unique offering in the Victory Ridge community," added Otis Moore, Principal with Westside Investments Partners.
CBRE's Whitney Johnson, Patrick Kerscher and Jon Weisiger are marketing Victory Ridge for retail opportunities and represented the developer, Westside Investment Partners, in the property sale that closed Feb. 4. The lot purchased at Victory Ridge totals 41,438 sq. ft. and is located right along Interquest Parkway. Plans for the proposed location include a drive-thru and patio as well as 40 parking spaces.
"Interquest Parkway is seeing significant residential and employment growth. Slim Chickens choosing this location for its entrance into the Colorado Springs market is a testament to the energy and momentum fueling this retail corridor," said Whitney Johnson, Senior Associate with CBRE's Retail Services in Colorado Springs.
Victory Ridge is also currently under construction for In-N-Out Burger's new distribution facility, scheduled to deliver later this year. Icon Cinema, a luxury theater brand that opened at Victory Ridge in November 2017, has begun construction on its 15th screen, which will be 100-ft. wide serving 400 seats. In addition, upon completion the larger Victory Ridge complex is slated to include an In-N-Out retail location, Class A office space, a 1,100-car parking garage, 221 townhomes, medical office space and a hotel.
Additional Block & Company Resources:Block & Company, Inc., Realtors Restaurant Brokerage InformationBlock & Company, Inc., Realtors Retail Brokerage InformationSign Up for My Block to unlock additional information**Please source and hyperlink this press release if cited**About Block & Company, Inc., RealtorsBlock & Company, Inc. Realtors is a full service commercial real estate company headquartered in Kansas City, Missouri since its inception in 1946. The firm's services include brokerage, development, investment, asset/property management, tenant representation, and corporate real estate services. Our commercial brokerage specializes in restaurant, retail, automotive, hotel, industrial, office, shopping center/development, commercial investments, asset/property management, and many other real estate services. With transactions extending to 187 cities in 35 states, Block & Company manages millions of square feet of retail, restaurant, office, and industrial space. Block & Company is proud to be known as one of the Midwest's premier full service real estate organizations, consistently ranked among the industry leaders by trade magazines, local business publications, and our industry peers.