$3,400,000
BOJANGLES w/ DR-THRU | RARE 3% ANNUAL RENT INCREASES | NNN
Details
APN NP79700000 0003A
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,106
Cap Rate 5%
NOI $169,950
Tenancy Single
Brand/Tenant Bojangles
Lease Type Absolute NNN
Lease Expiration 03/30/2041
Remaining Term 14.7
Rent Bumps Yes
Class A
Year Built 1995
Year Renovated 2026
Stories 1
Acreage 0.920
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Excellent Real Estate | Qualifies for Accelerated and 100% Bonus Depreciation | High-Traffic Retail
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310728/bojangles
Investment highlights
- Corporate Backed 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring Rare Above Average 3.0% Annual Rental Increases throughout the Initial Term and Options. Complete 2026 Renovation and features a Drive Thru.
- Premier, Established Retail Corridor: Site Sits along One of Overland Park's Most Sought-After Retail Corridors at 119th and Metcalf, Surrounded by a Long-Standing Mix of National Retailers, Grocery Anchors, and Restaurants.
- Growing National Brand: Bojangles Operates Nearly 870 Restaurants Systemwide across more than 20 States, Opening over 40 New Locations in 2025 Alone and Continuing Expansion into 2026, Reflecting Sustained Nationwide Franchise Demand.
- High-Traffic Retail Corridor: Property Sits at the Signalized Hard-Corner Intersection of 119th Street and Metcalf Avenue, One of Overland Park's Busiest North-South Retail Arteries, with Combined Traffic Counts Exceeding 55,000 Vehicles Daily.
- Grocery-Anchored Pad Site: Property Sits as an Outparcel Pad to Aldi and Pan-Asia Supermarket, Two Established Grocery Anchors Driving Consistent Daily Shopper Traffic and Cross-Shopping Visibility throughout the Immediate Trade Area.
- Power Center Anchors on Both Sides: Property Sits Directly across from Overland Crossing (Whole Foods, Nordstrom Rack, Burlington) and Directly North of a Second Power Center (Walmart Supercenter, Kohl's, Best Buy, Guitar Center), Reinforcing the Corridor's Retail Strength.
- Bonus Depreciation - Significant Tax Benefits: Subject Property Qualifies for Substantial Tax Savings through Accelerated Depreciation and Cost Segregation Studies, Offering Investors an Immediate and Meaningful After-Tax Return Enhancement.
- Regional Medical Cluster: Property Sits Minutes from Menorah Medical Center, Saint Luke's South Hospital, and Children's Mercy Kansas, Placing the Site within One of Johnson County's Most Concentrated Healthcare Employment and Visitor Corridors.
- Exceptional Daytime Population and Education Hub: Site Sits within a Trade Area Anchored by Aspiria's 3.8-Million-Square-Foot Former Sprint Campus, an Employment Hub Also Home to Ottawa University, Drawing Students Nationally and Internationally.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$169,950.00
$14,162.50/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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