Bojangles
Absolute NNN - Corporate Bojangles For Sale
Marketing description
Introducing BOJANGLES - 615 NE Main Street, Simpsonville, SC 29680, an exceptional investment opportunity with a suggested sale price of $2,307,000 and a cap rate of 6.5%. This corporate Bojangles location boasts a solid NOI of $150,000, offering a true passive income stream with an Absolute NNN lease structure.
Featuring a top QSR operator and a strong commitment with a recent lease renewal until 2029, this property is anchored by Bojangles Opco, LLC, a leading franchisee with numerous locations nationwide. The 3,500 SF building on 1.26 acres enjoys high visibility along NE Main Street, witnessing over 17,900 vehicles daily.
With strong demographics of 127,655 residents within 5 miles and an average household income of $108,031, the property benefits from a location near major employers like Sealed Air Corporation and community amenities. Don't miss out on this prime investment opportunity in Simpsonville, SC!
Investment highlights
Absolute NNN Lease – True passive investment with zero landlord responsibilities.
Tenant Renewal – Bojangles recently renewed in 2024, showing strong commitment to the location.
Top QSR Operator – Operated by a leading Bojangles franchisee with 100+ locations nationwide.
Tenant is Corporate Bojangles - Bojangles Opco, LLC, a Delaware Limited Liability Company
Strong Demographics – 127,655 residents within 5 miles with an average household income of $108,031.
High Visibility Location – NE Main Street sees over 17,900 vehicles per day.
Proximity to Major Employer – Less than a quarter-mile from Sealed Air Corporation, operating 24/7 with approximately 2,500 employees.
Surrounded by Community Anchors – Close to schools, retail centers, and neighborhood amenities driving consistent daily traffic.
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