RealtyLink Development

Bojangles' (Greenville MSA West)

7239 Moorefield Memorial Hwy
Liberty, SC 29657

Property: Investment Sales

Square Footage: +/- 3,766

Acreage: +/- 4.50

Price: $2,335,500

Cap Rate: 5.75%

Description:

  • 16 year absolute triple net lease with 3 renewal options of 5 years each
  • 7% rent bumps every 5 years beginning in year 7 and in each option period
  • Strong sales performance since opening for business in February 2018
  • Growing franchisee with 60 units and 17 years of successful operating history
  • Popular regional brand (NASDAQ: BOJA) with 770 restaurants in 11 states and D.C.
  • Brand new class A construction completed in January 2018
  • High visibility and convenient access on a main highway corridor
  • Located between nationally recognized and award w inning downtown Greenville and Clemson University with 24,400 students and 5,300 employees
  • Upstate SC is a 10-county region along the booming I-85 corridor between Atlanta GA and Charlotte NC with a growing population of 1.44 million