Property ID #: 18027
Tenant Name: Bojangles
Street Address:
City: Greensboro
State: NC
Zip: 27405

COMPANY DESCRIPTION

Bojangles Inc. is a Southeastern United States regional chain of fast food restaurants, specializing in cajun seasoning, fried chicken, and buttermilk biscuits. The company was founded in Charlotte, North Carolina in 1977 by Jack Fulk and Richard Thomas. The company opened its 600th restaurant on July 8, 2014, on Galleria Road in Charlotte with Charlotte mayor Dan Clodfelter cutting the celebratory ribbon.In April 2015, the company filed with the US regulator for an initial public offering of its common stock, expecting to raise $372 million. The company has restaurants in 11 states and the District of Columbia. At various times Bojangles has franchised restaurants in Grand Cayman Island, Jamaica, Mexico, Ireland, and China.

Sector: Quick-Service Restaurants (QSR)

FINANCIAL PROFILE

Price: $2,477,000
NOI:
Cap Rate: 5.25
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): B

LEASE ABSTRACT

Lease Type: NNN
Years Remaining: 14.9
Initial Term Increases: 10% Every 5 Years
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: Three 5-Year Options
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2020
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 3
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

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