Restaurant
Bojangles (Greenville, SC MSA)
4377 SC-24, Townville, SC 29626
Listing Price: $2,805,435
Cap Rate
5.85%
Tenant Name
Bojangles
Years Remaining On Lease
13.6
Gross SF
2,695
Guarantor
Franchisee Guarantee
Rentable SF
2,695
Price/Gross SF
$1,040.98
Lease Type
Absolute Net
Rent Per Square Feet
$60.90
Investment Overview
Marcus & Millichap is pleased to present for sale a single-tenant Bojangles located in Townville (Anderson), South Carolina.
Bojangles (Greenville, SC MSA)
Investment Highlights
- Absolute Net Lease | No Landlord Responsibilities Fast Food (QSR) Asset with A Drive-Thru
- Long Lease Term | 14 Yrs Remaining
- New Construction Building | Built in 2023
- Built in Rent Growth | 7% Increases Every 5 Years Beginning Year 7
- Strong Franchisee Guaranty | Largest Bojangles Franchisee Operator With 120+ Locations
- Prime Hard-Corner Location Adjacent to Food Lion at Signalized Intersection
Listing Price: $2,805,435
Cap Rate
5.85%
Tenant Name
Bojangles
Years Remaining On Lease
13.6
Gross SF
2,695
Guarantor
Franchisee Guarantee
Rentable SF
2,695
Price/Gross SF
$1,040.98
Lease Type
Absolute Net
Rent Per Square Feet
$60.90
Investment Highlights
- Absolute Net Lease | No Landlord Responsibilities Fast Food (QSR) Asset with A Drive-Thru
- Long Lease Term | 14 Yrs Remaining
- New Construction Building | Built in 2023
- Built in Rent Growth | 7% Increases Every 5 Years Beginning Year 7
- Strong Franchisee Guaranty | Largest Bojangles Franchisee Operator With 120+ Locations
- Prime Hard-Corner Location Adjacent to Food Lion at Signalized Intersection
Investment Overview
Marcus & Millichap is pleased to present for sale a single-tenant Bojangles located in Townville (Anderson), South Carolina.
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