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Bojangles Absolute NNN Lease Fast Food Investment Georgia

Bojangles | Augusta, GA
Make an Offer
Investment Offering

Tenant: Bojangles | Augusta, GA
Premises: 2,075 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 15 Years From Close of Escrow
Lease Type: Absolute NNN
Rental Increases: 10% Every 5 Years


Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,075 SF Bojangles Absolute NNN Lease Located at 3852 Washington Road in Augusta, Georgia. This Opportunity Includes a 15 Year Absolute Triple Net (NNN) Sale Leaseback With a Personal Guarantee From a Well Established Operator With 7 Locations, Providing For a Secure Investment With a High-Quality Tenant.

  • New Sale Leaseback From an Established Operator
  • Absolute Triple Net (NNN) 15 Year Lease With Zero Landlord Responsibilities to Begin at the Close of Escrow
  • 10% Rent Bumps Every 5 Years
  • Rent-to-Sales Ratio of 8.57%
  • Recently Renovated in 2018
  • Personal Guarantee From a Well Established Operator With 7 Locations
  • Bojangles Has Been in Business For Over 45 Years and Has 787 Restaurants
  • Strong Demographics With 65,702 People Making an Average Household Income of $94,912 Within a 3-Mile Radius
  • Exceptional Location With Over 35,000 Vehicles Per Day Along Washington Road
  • Strong Retail Trade Area With Low Vacancy
  • Vibrant Market Thriving on Tech, Nuclear Science, Military, Higher Education and Healthcare
  • Property is Located 4-Miles From the Mall of Augusta, Which is One of the Largest Malls in the State of Georgia, and it is the Largest Mall in the Augusta Metropolitan Area With Over 150 Stores
  • Neighboring Tenant’s Include: Lowe’s, Taco Bell, Arby’s, O’Reilly Auto Parts, McDonald’s, Jiffy Lube, Checkers, ALDI, Conn’s, Walmart and Many More

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

Bojangles, Inc. is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality, craveable food made from Southern recipes. Bojangles Restaurants began as the dream of Jack Fulk and Richard Thomas. They based their concept on three attributes: distinctive flavor, high-quality products made-from-scratch, and a festive restaurant design with friendly service.
And in 1977, their dream became a reality in the form of the first Bojangles restaurant in Charlotte, NC. In 2017, Bojangles celebrated its 40 years of business. Bojangles serves menu items such as delicious, famous chicken, made-from-scratch buttermilk biscuits, flavorful fixin’s and Legendary Iced Tea®. Currently, Bojangles has 787 system-wide restaurants primarily located in the United States. Among other accolades, Bojangles was ranked as the fastest growing chicken restaurant by Nation’s Restaurant News and was named by The Wall Street Journal as one of eight restaurants in its “25 Franchise High Performers” across all industries.

Area Overview

Bojangles | Augusta, GA

3852 Washington Road - Augusta, GA 30907

Contact Broker for Details

Status: Sold

Bojangles | Augusta, GA

Doug Roland

843.510.0542
doug@SIGnnn.com

Andrew Ackerman

770.626.0445
aackerman@SIGnnn.com

Make an Offer
$8.3 BILLION IN SALES

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List with SIG

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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