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Restaurant

Bojangles I High Yield I Year End Closing

3150 Turner Hill Rd, Stonecrest, GA 30038

Listing Price: $3,350,000

Cap Rate
6.70%
Tenant Name
Bojangles
Years Remaining On Lease
14.8
Gross SF
3,962
Guarantor
Franchisee Guarantee
Rentable SF
3,962
Price/Gross SF
$845.53
Lease Type
Absolute Net
Rent Per Square Feet
$56.64

Investment Overview

Absolute NNN Leased Bojangles Located at the Heavily Trafficked Signalized Intersection of Turner Hill Road (17,300 Vehicles Per Day (VPD)) and Mall Parkway (13,600 VPD). Lease Features Over 15 Years Remaining on the Base Term with Attractive 10 Percent Rent Increases Every 5-Years to Hedge Against Inflation and Provide Maximum Investor Security. Positioned in the Atlanta MSA, the Most Populous Area in the State of Georgia and the Eighth Largest in the United States, Boasting a Population Exceeding Six Million Residents. Positioned in the Atlanta MSA, the Most Populous Area in the State of Georgia and the Eighth Largest in the United States, Boasting a Population Exceeding Six Million Residents. Subject Property is Situated in a Highly Active Retail Corridor Surrounded by a Host of National Tenants Including Walmart, Burlington, Staples, Bank of America, Truist Bank, Olive Garden, McDonald’s, Chick-fil-A, and Panera, Among Others. Situated Just Outside The Mall at Stonecrest a 1.6 Million Square Foot, 1,100 Acre, Super Regional Mall Featuring Over 120 Stores Including Macy’s, JcPenney, Dillard’s, Sephora, Kay Jewelers, and TGI Fridays, Among Others. Situated in a Dense Area with Over 100,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $66,000

Investment Highlights

  • Absolute NNN Leased Bojangles Located at the Heavily Trafficked Signalized Intersection of Turner Hill Road (17,300 Vehicles Per Day (VPD)) and Mall Parkway (13,600 VPD)
  • Lease Features Over 15 Years Remaining on the Base Term with Attractive 10 Percent Rent Increases Every 5-Years to Hedge Against Inflation and Provide Maximum Investor Security
  • Positioned in the Atlanta MSA, the Most Populous Area in the State of Georgia and the Eighth Largest in the United States, Boasting a Population Exceeding Six Million Residents
  • Subject Property is Situated in a Highly Active Retail Corridor Surrounded by a Host of National Tenants Including Walmart, Burlington, Staples, Bank of America, Truist Bank, Olive Garden, McDonald's, Chick-fil-A, and Panera, Among Others
  • Situated Just Outside The Mall at Stonecrest a 1.6 Million Square Foot, 1,100 Acre, Super Regional Mall Featuring Over 120 Stores Including Macy's, JcPenney, Dillard's, Sephora, Kay Jewelers, and TGI Fridays, Among Others
  • Situated in a Dense Area with Over 100,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $66,000

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Restaurant

Bojangles I High Yield I Year End Closing

Listing Price: $3,350,000

Cap Rate
6.70%
Tenant Name
Bojangles
Years Remaining On Lease
14.8
Gross SF
3,962
Guarantor
Franchisee Guarantee
Rentable SF
3,962
Price/Gross SF
$845.53
Lease Type
Absolute Net
Rent Per Square Feet
$56.64

Investment Highlights

  • Absolute NNN Leased Bojangles Located at the Heavily Trafficked Signalized Intersection of Turner Hill Road (17,300 Vehicles Per Day (VPD)) and Mall Parkway (13,600 VPD)
  • Lease Features Over 15 Years Remaining on the Base Term with Attractive 10 Percent Rent Increases Every 5-Years to Hedge Against Inflation and Provide Maximum Investor Security
  • Positioned in the Atlanta MSA, the Most Populous Area in the State of Georgia and the Eighth Largest in the United States, Boasting a Population Exceeding Six Million Residents
  • Subject Property is Situated in a Highly Active Retail Corridor Surrounded by a Host of National Tenants Including Walmart, Burlington, Staples, Bank of America, Truist Bank, Olive Garden, McDonald's, Chick-fil-A, and Panera, Among Others
  • Situated Just Outside The Mall at Stonecrest a 1.6 Million Square Foot, 1,100 Acre, Super Regional Mall Featuring Over 120 Stores Including Macy's, JcPenney, Dillard's, Sephora, Kay Jewelers, and TGI Fridays, Among Others
  • Situated in a Dense Area with Over 100,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $66,000

Investment Overview

Absolute NNN Leased Bojangles Located at the Heavily Trafficked Signalized Intersection of Turner Hill Road (17,300 Vehicles Per Day (VPD)) and Mall Parkway (13,600 VPD). Lease Features Over 15 Years Remaining on the Base Term with Attractive 10 Percent Rent Increases Every 5-Years to Hedge Against Inflation and Provide Maximum Investor Security. Positioned in the Atlanta MSA, the Most Populous Area in the State of Georgia and the Eighth Largest in the United States, Boasting a Population Exceeding Six Million Residents. Positioned in the Atlanta MSA, the Most Populous Area in the State of Georgia and the Eighth Largest in the United States, Boasting a Population Exceeding Six Million Residents. Subject Property is Situated in a Highly Active Retail Corridor Surrounded by a Host of National Tenants Including Walmart, Burlington, Staples, Bank of America, Truist Bank, Olive Garden, McDonald’s, Chick-fil-A, and Panera, Among Others. Situated Just Outside The Mall at Stonecrest a 1.6 Million Square Foot, 1,100 Acre, Super Regional Mall Featuring Over 120 Stores Including Macy’s, JcPenney, Dillard’s, Sephora, Kay Jewelers, and TGI Fridays, Among Others. Situated in a Dense Area with Over 100,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $66,000

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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