Bojangles - Net Lease Property for Sale
Fayetteville, NC
Key Investment Metrics
Price
$2,000,000
Cap Rate
5.8%
Net Operating Income
$115,000
Building Size
2614 SF
Lot Size
2,614 SF
Land Area
0.67 Acres
Remaining Term
20 years
Lease Expiration
12/30/2045
Lease Term
54 years
Lease Commencement
01/16/1992
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1980
Occupancy
100%
Tenancy
Single
Rent Increases
6% Increase in 2031; 7.5% Every 5 Years After
About This Bojangles Net Lease Property
This Bojangles NNN (triple net lease) property is located in Fayetteville, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 2614 square feet of building space and was built in 1980.
With a cap rate of 5.8%, this Bojangles net lease property offers stable income potential. The asking price is $2,000,000, making it an attractive option for 1031 exchange investors seeking quality Bojangles commercial properties.
Why Invest in Bojangles NNN Properties?
- Stable Income: Bojangles net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Bojangles is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Fayetteville, NC Market Overview
Located in Fayetteville, NC, this Bojangles property benefits from strong local demographics and market fundamentals. The Fayetteville area offers excellent visibility and accessibility, making it an ideal location for Bojangles operations and a solid investment for net lease property buyers.