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Bojangles – Edgefield Road

Bojangles – Edgefield Road
Make an Offer
Investment Offering

Tenant: Bojangles – Edgefield Road
Premises: 3800 SF
Renewal Options: 4 x 5 Year

Lease Expiration: October 2033
Lease Type: Absolute NNN
Rental Increases: 7.5% Every 5 Yrs

 

  • Absolute Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • 17 Years Remaining on Lease
  • 7.5% Rent Escalations Every 5 Years
  • Strong Operator: Bojland Restaurant Group, Inc. Operates 10 Bojangles’ Locations
  • Bojland Restaurant Group, Inc. was Awarded “Outstanding Small Operator of the Year” by Bojangles’ Corporate in 2015
  • Strong Visibility from Edgefield Road with High Traffic Counts of 27,000 VPD and I-20 with 39,000+ VPD
  • Neighboring Tenants Include: Walmart, Food Lion, Dollar General, Zaxby’s Chicken Fingers, Checkers, Little Caesars Pizza, Subway, McDonalds and Burger King
Tenant Overview

Bojangles’ Famous Chicken ‘n Biscuits is a Southeastern regional chain of fast food restaurants with over 680 locations in 12 Southeast and mid-Atlantic states. Bojangles’ specializes in spicy, “Cajun” fried chicken and buttermilk biscuits. The company was founded in Charlotte in 1977 by Jack Fulk and Richard Thomas. In April 2015, the company filed with the US regulator for an initial public offering of its common stock, expecting to raise $372 million. Bojangles’ is a publicly traded company (Nasdaq: SOJA) with 24 consecutive quarters of system­wide comparable store sales growth.

Bojland Restaurant Group, Inc. is a family operator of Bojangles’ restaurants in Georgia and South Carolina. Active for over 14 years, they currently operate 10 stores.

In 2015 Bojland Restaurant Group, Inc. was named as the “Outstanding Small Operator of the Year” by Bojangles’ parent corporation.

Area Overview

Bojangles – Edgefield Road

1010 Edgefield Road - North Augusta, SC 29860

Contact Broker for Details

Status: Sold

Bojangles – Edgefield Road

Doug Roland

843.510.0542
doug@SIGnnn.com

Chris Sands

310.870.3282
chris@SIGnnn.com

Make an Offer
$8 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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