Properties

Bojangles', Marion, NC

1525 North Main Street
Marion, NC 28752

PROPERTY SOLD

Property: Investment Sales

Square Footage: 3,808

Acreage: .89

Price: $1,428,300

Cap Rate: Call

Description:

• Located 30 miles east of Asheville just off of I-40 in McDowell County
• 3,808 square foot restaurant building developed on 0.89 acres in 2010
• Positioned on a signalized pin corner at entrance to large high school
• Bojangles is on a 20 year lease with 10% rent bumps every 5 years
• The financed transaction closed escrow on June 29th for $1,428,300
• The buyer was a private individual investor out of North Carolina