1028 BYPASS N Lawrenceburg KY 40342-9462

This property features an absolute NNN lease with zero landlord responsibilities and a corporate guaranty from Bojangles. With a current net operating income of $136,216 and attractive 7.25% cap rate, this bite-sized deal offers a potential future redevelopment opportunity. Bojangles, with system-wide sales reaching $1.8 billion, and Sakura 16 Japanese Steakhouse, a well-established brand, make up the tenant mix. Situated near a Walmart Supercenter and other national tenants, this property boasts excellent visibility on Bypass N, with approximately 20,006 vehicles per day. Located between Louisville and Lexington, Lawrenceburg is a strategic hub, offering a prime location for this investment. Don't miss out on this turnkey property with a strong tenant lineup and promising returns.

INVESTMENT HIGHLIGHTS

• Absolute NNN Lease – zero landlord responsibilities

• Corporate guaranty from Bojangles

• Bite size investment deal

• Potential future redevelopment opportunity

TENANT HIGHLIGHTS

• Bojangles' system-wide sales in 2023 reached $1.8 billion, with the chain expanding to over 800 locations

• Bojangles' was acquired by Durational Capital Management and The Jordan Company in January 2019 for approximately $593 million.

• Sakura 16 Japanese Steakhouse has 4 other locations in Radcliff, KY, Bloomington, IN, Christiansburg, VA, and Harrisonburg, VA

• Sakura 16 Japanese Steakhouse has been operating since 2004

LOCATION HIGHLIGHTS

• Walmart Supercenter outparcel with neighboring national credit tenants such as: Arby’s, Burger King, Walgreens, O'Reilly Auto Parts, and more

• Excellent visibility with frontage on Bypass N, a major arterial through Kentucky ±20,006 VPD

• Lawrenceburg is situated between Louisville and Lexington, the two largest cities in Kentucky

This property features an absolute NNN lease with zero landlord responsibilities and a corporate guaranty from Bojangles. With a current net operating income of $136,216 and attractive 7.25% cap rate, this bite-sized deal offers a potential future redevelopment opportunity. Bojangles, with system-wide sales reaching $1.8 billion, and Sakura 16 Japanese Steakhouse, a well-established brand, make up the tenant mix. Situated near a Walmart Supercenter and other national tenants, this property boasts excellent visibility on Bypass N, with approximately 20,006 vehicles per day. Located between Louisville and Lexington, Lawrenceburg is a strategic hub, offering a prime location for this investment. Don't miss out on this turnkey property with a strong tenant lineup and promising returns.

INVESTMENT HIGHLIGHTS

• Absolute NNN Lease – zero landlord responsibilities

• Corporate guaranty from Bojangles

• Bite size investment deal

• Potential future redevelopment opportunity

TENANT HIGHLIGHTS

• Bojangles' system-wide sales in 2023 reached $1.8 billion, with the chain expanding to over 800 locations

• Bojangles' was acquired by Durational Capital Management and The Jordan Company in January 2019 for approximately $593 million.

• Sakura 16 Japanese Steakhouse has 4 other locations in Radcliff, KY, Bloomington, IN, Christiansburg, VA, and Harrisonburg, VA

• Sakura 16 Japanese Steakhouse has been operating since 2004

LOCATION HIGHLIGHTS

• Walmart Supercenter outparcel with neighboring national credit tenants such as: Arby’s, Burger King, Walgreens, O'Reilly Auto Parts, and more

• Excellent visibility with frontage on Bypass N, a major arterial through Kentucky ±20,006 VPD

• Lawrenceburg is situated between Louisville and Lexington, the two largest cities in Kentucky

• Bojangles’ Corporate Guaranty 
• Over 14 Years Remaining
• 1.25% Annual Rent Increases
• Absolute net Zero Landlord Responsibilities
• Outparcel to Walmart Supercenter
• 3,491 Grade School Students Within 1.5-mile Radius of Bojangles’ 5 Nearby Schools
• 20 Miles Outside Lexington, Ky
• New Construction