Restaurant
Bojangles
300 Virginia Pkwy, Waynesboro, GA 30830
Listing Price: $2,933,214
Cap Rate
5.85%
Tenant Name
Bojangles
Years Remaining On Lease
15.2
Gross SF
2,900
Guarantor
Franchisee Guarantee
Rentable SF
2,900
Price/Gross SF
$1,011.45
Lease Type
Absolute Net
Rent Per Square Feet
$59.17
Investment Overview
Marcus & Millichap is pleased to present for sale an Absolute Net leased Bojangles located in Waynesboro, GA.
Bojangles
Investment Highlights
- Absolute Net Lease | No Landlord Responsibilities | QSR w/ Drive-Thru
- Long Lease Term | 15+ Yrs Remaining
- New Construction Building | Built in 2024
- Built in Rent Growth | 10% Increases in Year 7, 12, and Every Option
- Strong Franchisee Guaranty | Largest Bojangles Franchisee Operator with 120+ Units
- City of Waynesboro, GA | Augusta, GA MSA | County Seat of Burke County, GA
Listing Price: $2,933,214
Cap Rate
5.85%
Tenant Name
Bojangles
Years Remaining On Lease
15.2
Gross SF
2,900
Guarantor
Franchisee Guarantee
Rentable SF
2,900
Price/Gross SF
$1,011.45
Lease Type
Absolute Net
Rent Per Square Feet
$59.17
Investment Highlights
- Absolute Net Lease | No Landlord Responsibilities | QSR w/ Drive-Thru
- Long Lease Term | 15+ Yrs Remaining
- New Construction Building | Built in 2024
- Built in Rent Growth | 10% Increases in Year 7, 12, and Every Option
- Strong Franchisee Guaranty | Largest Bojangles Franchisee Operator with 120+ Units
- City of Waynesboro, GA | Augusta, GA MSA | County Seat of Burke County, GA
Investment Overview
Marcus & Millichap is pleased to present for sale an Absolute Net leased Bojangles located in Waynesboro, GA.
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