Investment - Bojangles
330 John Dodd Rd
Spartanburg, South Carolina, 29303
$3,690,900
Sale
Property Details
Property For: Sale
Sale Price: $3,690,900
Square Feet: 3000
Property Type: Restaurant
Description

PROPERTY DETAILS:

  • Investment Opportunity
  • +/- 3,000 SF Newly Constructed Bojangles Restuarant with 15-Year Lease
  • Projected Rent Commencement Date; 10/2024
  • Situated Halfway Between Charlotte & Atlanta at I-26 and John Dodd Road
  • Largest Fanchisee Owning 110 Bojangles Restaurants
  • Net Operating Income: Approximately $200,000/Year
  • Escalations of 7.5% Every Five Years
  • 5 - Five Year Options to Renew with Escalations
  • Strong Guarantor by Fanchisee, BOJ of WNC, LLC
  • Absolute Net, Net, Net Lease - No Landlord Responsibilities
  • Cap Rate: 5.5%
Contact Property Agent
Ben R. Hines
Commercial Agent
telephone(864) 542-4777
Andy Hayes
Commercial Agent
telephone(864) 706-0189
Request More Information
Name
2 + 8 =
Map