Bojangles
Offerings
Bojangles
1226 S Main St.
Laurinburg, NC
- Price:
- $3,167,000
- Cap Rate:
- 6.00%
- NOI:
- $190,000
- Rentable SQFT:
- 3,138 SF
- Year Built:
- 2023
- Lot Size:
- 1.393 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Not Available
Investment Highlights
- 15-Year Absolute NNN Lease with 1.25% Annual Rental Increases
- Corporate Guaranty, 800+ Locations and Approximately $1.485 Billion in Annual Sales
- Full Scrape and Rebuild of Existing High-Performing Store, 31-Year Operating History at Location
- Brand New High-Quality Construction Featuring a Dedicated Drive-Thru
- Bojangles’ has 2nd Highest Average Unit Sales in Chicken Fast-Food Segment
- Strategic Location, Serving Over 34,000 Residents in Scotland County
- Highly Visible Along Major Commercial Thoroughfare, Just Off I-74 with Direct Access to Charlotte and Wilmington
- Regional Retail Corridor Includes Walmart Supercenter, Lowe’s, Food Lion, Belk, Tractor Supply, Big Lots, Hibbett Sports, and More
- Close Proximity to Scotland Memorial Medical Campus and Hospital with 850 Employees
- Minutes to St. Andrews University (900+ Students) and Several K-12 Schools (3,500 Students)
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