
Bojangles' (Greenville MSA East)
2527 Woodruff Road
Simpsonville, SC 29681
Property: Investment Sales
Square Footage: +/- 3,937
Acreage: +/- 1.13
Price: $3,452,400
Cap Rate: 5.25%
Description:
- New prototype class A construction completed in April 2018
- 15 year triple net corporate lease with 7.5% rent bumps every 5 years
- Publicly traded company (NASDAQ: BOJA) with 770 restaurants in 11 states and D.C.
- 10 miles east of downtown Greenville on a high traffic corridor with 37,900 cars per day
- 7 miles south of Greenville-Spartanburg International Airport with 2.13 million passengers in 2017 up 6% from 2016
- Part of the desirable and affluent “Five Forks” submarket with limited commercially zoned real estate adding to the long term value of subject property
- $141,600 average household income within a 1 mile radius and 102,000 population within a 5 mile radius
- Upstate SC is a 10-county region along the booming I-85 corridor between Atlanta GA and Charlotte NC with a rapidly growing population of 1.44 million

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Contact
Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile