Bojangles'
246 Indian Lake Boulevard
Hendersonville, TN 37075
PROPERTY SOLD
Property: Investment Sales
Square Footage: +/- 3,924
Acreage: +/- 1.05
Price: $2,900,800
Cap Rate: 6.0%
Description:
- Popular 38 year old regional brand with 650 locations in 11 states and growing
- 20 year NNN lease (12/28/13) with 10% rent bumps every 5 years and a strong guaranty
- High end all brick building at a signalized intersection on the primary retail corridor with 28,506 cars per day
- 18 miles northeast of downtown Nashville off heavily traveled Vietnam Veterans Blvd with 52,350 cars per day
- ΒΌ mile from Streets of Indian Lake, a brand new 254,000 SF lifestyle center anchored by Barnes & Noble, Regal Cinemas and a variety of upscale shops
- 2 miles from Bluegrass Yacht & Country Club, a world class golf, tennis, swimming, dining and marina facility
- Population of 72,000 and average household income of $85,000 in a 5 mile radius


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