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Restaurant

Bojangles’ (Corporate T-Mobile Sublease)

1408 N Main St, Marion, VA 24354

Listing Price: $2,465,000

Cap Rate
6.50%
Tenant Name
Bojangles'
Years Remaining On Lease
10.9
Guarantor
Corporate Guarantee
Rentable SF
3,886
Lease Type
Absolute Net
Rent Per Square Feet
$43.58

Investment Overview

Marcus & Millichap is pleased to present the Bojangles' ( Corporate T-Mobile Sublease) in Marion, VA.

Investment Highlights

  • 11 Years Remaining with Bojangles Corporate Guaranty
  • Subleased to T-Mobile, Rated BBB- by Fitch
  • Absolute NNN Lease with 1.25% Annual Rental Increases
  • 2017 Construction with a Drive-Thru
  • Serving Over 30,000 Residents in Smyth County
  • Hard Corner Location at Signalized Intersection

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Restaurant

Bojangles’ (Corporate T-Mobile Sublease)

Listing Price: $2,465,000

Cap Rate
6.50%
Tenant Name
Bojangles'
Years Remaining On Lease
10.9
Guarantor
Corporate Guarantee
Rentable SF
3,886
Lease Type
Absolute Net
Rent Per Square Feet
$43.58

Investment Highlights

  • 11 Years Remaining with Bojangles Corporate Guaranty
  • Subleased to T-Mobile, Rated BBB- by Fitch
  • Absolute NNN Lease with 1.25% Annual Rental Increases
  • 2017 Construction with a Drive-Thru
  • Serving Over 30,000 Residents in Smyth County
  • Hard Corner Location at Signalized Intersection

Investment Overview

Marcus & Millichap is pleased to present the Bojangles' ( Corporate T-Mobile Sublease) in Marion, VA.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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