
Bojangles' (Aiken N)
2644 Columbia Hwy N
Aiken, SC 29805
PROPERTY SOLD
Property: Investment Sales
Square Footage: +/- 3,808
Acreage: +/- 1.91
Price: $2,225,000
Cap Rate: 6.25%
Description:
- Regional fast-casual restaurant brand founded in 1977 with over 680 locations in 12 Southeast and mid-Atlantic states
- Publicly traded company (Nasdaq: BOJA) with 24 consecutive quarters of system-wide comparable store sales growth
- 16 year absolute NNN lease commenced December 2015 with 10% rent bumps every 5 years and 3 renewal options
- Subject property operated by a successful and growing 10 unit franchisee based in Augusta GA founded in 2002
- Located 45 miles SW of Columbia (state capitol) on the I-20 corridor (exit 22) 8 miles from downtown Aiken and 1 mile from Aiken Municipal Airport
- Neighboring tenants include McDonald’s, Hardee’s, Waffle House, Dollar General, Days Inn, Quality Inn and several c-stores/fuel stations
- Population of 106,650 and average household income of $63,300 in a 15 mile radius
- Traffic counts of 11,300 AADT on US Hwy 1 and 32,300 AADT on I-20


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
(864) 263-5427 - Main
(404) 435-6312 - Mobile