Restaurant
Bojangles | 18-Yrs Remaining
387 S Main St, Hiawassee, GA 30546
Listing Price: $2,336,288
Cap Rate
5.90%
Tenant Name
Bojangles
Years Remaining On Lease
18.4
Gross SF
2,695
Guarantor
Franchisee Guarantee
Rentable SF
2,695
Price/Gross SF
$866.90
Lease Type
Absolute Net
Rent Per Square Feet
$51.15
Investment Overview
Marcus & Millichap is pleased to present for sale a new construction Bojangles located in Hiawassee, Georgia.
Bojangles | 18-Yrs Remaining
Investment Highlights
- Absolute NNN Lease | No Landlord Responsibilities | QSR w/ Drive-Thru
- Long Lease Term | 18+ Yrs Remaining
- New Construction Building Built in 2024
- Built in Rent Growth | 10% Increases in Year 6, 11, and Every Option
- Franchisee Guaranty | 120+ Unit Bojangles Operator Recently Acquired by Eyas Capital
- County Seat of Towns County, Georgia
- Within 2-3 Hour Drive from Atlanta, GA, Greenville, SC and Chattanooga, TN
Listing Price: $2,336,288
Cap Rate
5.90%
Tenant Name
Bojangles
Years Remaining On Lease
18.4
Gross SF
2,695
Guarantor
Franchisee Guarantee
Rentable SF
2,695
Price/Gross SF
$866.90
Lease Type
Absolute Net
Rent Per Square Feet
$51.15
Investment Highlights
- Absolute NNN Lease | No Landlord Responsibilities | QSR w/ Drive-Thru
- Long Lease Term | 18+ Yrs Remaining
- New Construction Building Built in 2024
- Built in Rent Growth | 10% Increases in Year 6, 11, and Every Option
- Franchisee Guaranty | 120+ Unit Bojangles Operator Recently Acquired by Eyas Capital
- County Seat of Towns County, Georgia
- Within 2-3 Hour Drive from Atlanta, GA, Greenville, SC and Chattanooga, TN
Investment Overview
Marcus & Millichap is pleased to present for sale a new construction Bojangles located in Hiawassee, Georgia.
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