Bojangles' (Asheville MSA)

700 Upward Road
Hendersonville, NC 28731

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 3,808

Acreage: +/- 1.32

Price: $2,999,000

Cap Rate: 6.0%

Description:

  • Popular 38 year old regional brand with more than 650 locations in 11 states and growing
  • 15 year absolute NNN lease commenced January 2015 with 7% rent bumps every 5 years
  • Top performing and award winning franchisee with 42 units in 5 states and growing
  • Class A construction at a busy signalized intersection in front of a future Holiday Inn Express
  • Traffic counts in excess of 21,000 cars per day in front of property and 57,000 on I-26
  • Population over 45,000 with average household income over $55,000 in a 5 mile radius
  • Popular interstate exit location about 25 miles south of Asheville and Biltmore Estates
  • Gateway from SC to Great Smoky Mountains National Park, the most visited national park with 10+ million annual visits (Grand Canyon is second with 4.7+ million)

Bojangles' (Asheville MSA)

Downloads

Demographics         

Site Plan         

Aerials         

Investment Flyer         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com