Listed by Colliers - San Diego - Carlsbad, California
$2,126,000
Bojangles’ | 22-Yr. Absolute NNN Lease | 6.35% CAP
Details
Property Type Retail
Sub Type Storefront, Freestanding retail
Square Footage 1,300
Cap Rate 6.35%
NOI $135,000
Occupancy 100%
Tenancy Single
Brand/Tenant Bojangles
Lease Type Absolute NNN
Lease Expiration 01/02/2048
Remaining Term 21.5
Rent Bumps Yes
Lease Options Four, 5-Year
Year Built 2017
Acreage 0.300
Parking Spaces 8 spaces
Parking Per SqFt 6.15
Investment Type Sale/Leaseback
Tenant Credit Franchisee
Ground Lease No
Sale Condition Sale for leaseback
141,200 Residents in Primary Trade Area | Established Drive-Thru Only Location
Marketing description
PROXIMITY
- Surrounded by Several Large Industrial Employers - Shaw Industries (3,200 employees), Mohawk Industries (3,200 employees), and Duluth Trading Company (300 employees)
- Excellent Access and Visibility to 29,900 VPD at Intersection - 63,480 total daytime employees
- 141,200 Residents within 15 Mile Radius - 8% population increase since 2010
- Just off I-75 (84,500 VPD) and U.S. Route 41 (11,600 VPD) - Direct Access to Atlanta, the capital and most populus city in Georgia
- Close Proximity to Major National Tenants - Food Lion, McDonald’s, AutoZone, Advance Auto Parts, Burger King and Family Dollar
Investment highlights
SECURE STREAM OF INCOME
- New 22-Year Absolute NNN Lease - Zero landlord responsibilities
- Established Drive-Thru Only Location with 9 Years of Operating History - Upward trending sales over the last few years (contact Broker for details)
- Strong Regional Fast-Food Brand with 880+ Locations - 7.5% rent increases every 5 years and renewal options
- Operated by Rapidly Growing Franchisee with Over 20 Restaurants - Cedartown Chicken operates 23 Bojangles’ locations
- Chicken is the Fastest-Growing Segment in U.S. Fast Food with $60-$65 billion in Annual Revenue - Accounting for about 10% of total fast food market
Listing Contacts
Listed by Colliers - San Diego - Carlsbad, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,000.00
$11,250.00/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
Map
Zoning
C-1 CommercialCore CommercialCentral Business
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View all 217 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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