Bojangles', Clarksville
1836 Tiny Town Road
Clarksville, TN 37042
PROPERTY SOLD
Property: For Sale, Investment Sales
Square Footage: 3,808
Acreage: .99
Price: $2,032,000
Cap Rate: 6.75%
Description:
(In Contract)
- Bojangles’ is a popular 37 year old southeast company with over 600 locations in 10 states, D.C., and internationally
- 15 year NNN lease with 7% rent bumps every 5 years and three 5 year options (commenced 5/23/14)
- Strong 35 unit growing operator founded in 2001 with locations in TN, NC, SC, and GA
- Next to a 16 screen Great Escape Theatre with quick access to I-24 about 45 miles northwest of Nashville and less than 1 mile from Northeast High School (900+ students)
- Over 24,000 cars on Tiny Town Road in front of property, 28,000+ on Trenton Road and 42,000+ on I-24
- Clarksville was voted 5th fastest growing city and 2nd fastest growind MSA in the nation (US Census Bureau, July 2013)
- Fort Campbell, located just north of Clarksville on the TN-KY border, is a 106,700 acre military installation built in 1941 with over 45,000 enlisted personnel and home to the only air assault in the world (101st Airborne)


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile