RealtyLink Development

Bojangles’ (Augusta GA MSA) (In Contract)

1362 Whiskey Rd SE
Aiken, SC 29803

Property: Investment Sales

Square Footage: +/- 3,808

Acreage: +/- 1.202

Price: $2,940,000

Cap Rate: 6.25%

Description:

  • 40 year old restaurant brand with over 700 locations in 12 Southeast and mid-Atlantic states
  • Publicly traded company (Nasdaq: BOJA) with 25 consecutive quarters of comparable store sales growth
  • Long term absolute NNN lease with 10% rent bumps every 5 years and multiple renewal options
  • New construction in front of a fully occupied Fresh Market and Party City anchored shopping center
  • Located on the market’s primary commercial and traffic artery about 1.5 miles from downtown
  • High visibility and easy access with about 20,000 cars per day in front of the property
  • Over 56,000 residents with average household income of $73,500 in a 5 mile radius
  • Nationally recognized community along the I-20 corridor (www.visitaikensc.com) and part of the Augusta GA MSA (www.visitaugusta.com)
  • The Augusta GA MSA is the second largest in GA and 92nd largest in the U.S. with a population of about 600,000