Bojangles', Smyrna, TN
1590 Lee Victory Parkway (TN Hwy 102)
Smyrna, Tennessee 37167
PROPERTY SOLD
Property: Investment Sales
Square Footage: 3,809
Acreage: 1.20
Price: $2,620,500
Cap Rate: 7.50%
Description:
- Located about 20 miles SE of Nashville just off I-24 adjacent to a Publix anchored center
- Brand new 3,800 SF quick serve restaurant with drive-thru completed in December 2013
- 20 year NNN franchisee lease with rent bumps that commenced in January 2014
- Transaction closed escrow in September 2014 for approximately $2.6 million
- Financed buyer was a private investment group out of New York City


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