Restaurant
Bojangles
300 Virginia Pkwy, Waynesboro, GA 30830
Listing Price: $2,723,698
Cap Rate
6.30%
Tenant Name
Bojangles
Years Remaining On Lease
13.6
Gross SF
2,900
Guarantor
Franchisee Guarantee
Rentable SF
2,900
Price/Gross SF
$939.21
Lease Type
Absolute Net
Rent Per Square Feet
$59.17
Investment Overview
Marcus & Millichap is pleased to present for sale a Bojangles located in Wayensboro, GA.
Bojangles
Investment Highlights
- Absolute Net Lease | QSR w/ Drive-Thru
- Long Lease Term | 13+ Yrs Remaining
- New Construction Building | Built in 2024
- Built in Rent Growth | 10% Increases in Year 7, 12, and Every Option
- Average Cap Rate: 6.95% Over 13+ Years
- Guaranteed by the Largest Bojangles Franchisee (120+ Units)
Listing Price: $2,723,698
Cap Rate
6.30%
Tenant Name
Bojangles
Years Remaining On Lease
13.6
Gross SF
2,900
Guarantor
Franchisee Guarantee
Rentable SF
2,900
Price/Gross SF
$939.21
Lease Type
Absolute Net
Rent Per Square Feet
$59.17
Investment Highlights
- Absolute Net Lease | QSR w/ Drive-Thru
- Long Lease Term | 13+ Yrs Remaining
- New Construction Building | Built in 2024
- Built in Rent Growth | 10% Increases in Year 7, 12, and Every Option
- Average Cap Rate: 6.95% Over 13+ Years
- Guaranteed by the Largest Bojangles Franchisee (120+ Units)
Investment Overview
Marcus & Millichap is pleased to present for sale a Bojangles located in Wayensboro, GA.
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