Bojangles
Property ID #: 18116
Tenant Name: Bojangles
Street Address:
City: Knoxville
State: TN
Zip: 37931
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.
Website: www.bojangles.com
Sector: Quick-Service Restaurants (QSR)
FINANCIAL PROFILE
Price: $2,017,000
NOI:
Cap Rate: 5.95
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): B
LEASE ABSTRACT
Lease Type: NNN
Years Remaining: 13
Initial Term Increases: 7.5% Every 5 Years
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: 3-5 Year
Option Increases:
Rent Holidays:
PROPERTY OVERVIEW
Type of Ownership: Fee Simple
Year Built: 2009
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 3
Lot AC :
DEMOGRAPHICS
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