Restaurant
Bojangles (Greenville, SC MSA)
627 W Main St, Williamston, SC 29697
Listing Price: $2,762,300
Cap Rate
5.85%
Tenant Name
Bojangles
Years Remaining On Lease
13.3
Gross SF
2,439
Guarantor
Franchisee Guarantee
Rentable SF
2,439
Price/Gross SF
$1,132.55
Lease Type
Absolute Net
Rent Per Square Feet
$66.25
Investment Overview
Marcus & Millichap is pleased to present for sale an Absolute Triple-Net (NNN) Lease Bojangles located in the Greenville, SC MSA.
Bojangles (Greenville, SC MSA)
Investment Highlights
- Absolute NNN Lease | No Landlord Responsibilities Fast Food (QSR) Asset with A Drive-Thru
- Long Lease Term | 13+ Yrs Remaining
- New Construction Building | Built in 2023
- Built in Rent Growth | 7% Increases in Year 7, 12, and Each Option
- Strong Franchisee Guaranty | Largest Bojangles Franchisee Operator With 120+ Locations
- 30-Min. Drive to Downtown Greenville, SC | Upstate Region: Greenville, Spartanburg, Anderson
- Located at Signalized Intersection with Two (2) Access Points
Listing Price: $2,762,300
Cap Rate
5.85%
Tenant Name
Bojangles
Years Remaining On Lease
13.3
Gross SF
2,439
Guarantor
Franchisee Guarantee
Rentable SF
2,439
Price/Gross SF
$1,132.55
Lease Type
Absolute Net
Rent Per Square Feet
$66.25
Investment Highlights
- Absolute NNN Lease | No Landlord Responsibilities Fast Food (QSR) Asset with A Drive-Thru
- Long Lease Term | 13+ Yrs Remaining
- New Construction Building | Built in 2023
- Built in Rent Growth | 7% Increases in Year 7, 12, and Each Option
- Strong Franchisee Guaranty | Largest Bojangles Franchisee Operator With 120+ Locations
- 30-Min. Drive to Downtown Greenville, SC | Upstate Region: Greenville, Spartanburg, Anderson
- Located at Signalized Intersection with Two (2) Access Points
Investment Overview
Marcus & Millichap is pleased to present for sale an Absolute Triple-Net (NNN) Lease Bojangles located in the Greenville, SC MSA.
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