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| Price $3,673,490 | Built/Renov 2013 | Tenant Bojangles |
| Cap Rate 5.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
3,084
| Lease Start
01-01-2012
| #Units
816
|
| Price/SF $1,191.14 | Expiration
09-01-2032
| Tenant Type Fast Food/QSR |
| NOI $202,042 | R. Term 7.8 | Ownership Fee Simple |
| Rent/SF
$65.51
| Increases 10.0%/5/yrs | Pop 5Mi 99,583 |
| Lot/AC 1.65 | Options 3/5yrs/10% | AHHI 5Mi $80,678 |
| | |
Bojangles is strategically located along E Brainerd Rd / State Highway 320, which averages 31,700 vehicles passing by daily. Nearby direct on/off ramp access to Interstate 75, a major thoroughfare serving the region which averages 130,200 vehicles per day. The subject property is located within a dense, regional retail corridor, with numerous nearby national/credit tenants including Target,...
...Dense retail corridor
Strategically located
Freeway close
Highway location
Dense 100M+ pop 5 mi
Major MSA
Income tax free state
Absolute NNN
Long 10+ yr lease
Corporate Guarantee
Bojangles Op Co, LLC, doing business as Bojangles, is an American regional chain that owns and operates specialty chicken restaurants. Their menu features their chicken family meals, chicken...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 7,640 | 47,648 | 101,827 |
| 2022 Total Population : | 7,350 | 46,761 | 99,554 |
| 2022 Employed Civilian Pop : | 4,515 | 25,502 | 52,018 |
| 2022 Total Businesses : | 304 | 2,182 | 4,398 |
| 2022 Average Household Income : | $ 108,660 | $ 102,610 | $ 91,364 |
| 2022 Total Consumer Spending : | $ 286 M | $ 1684 M | $ 3137 M |
| 2022 Median Age : | 40 | 42 | 42 |
| 2022 Total Households : | 3,057 | 19,193 | 40,042 |
| 2022 Pop Age 25+: Bachelor's Degree : | 1,578 | 9,302 | 16,703 |
| 2022 Average Home Value : | $ 305,393 | $ 299,384 | $ 290,022 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Mackey Ave | Engel Ave | 2018 | 26,340 | 0.08 mi |
| SOUTHEAST CHATTANOOGA | Mackey Ave | 2019 | 31,680 | 0.16 mi |
| SW. OF SR-320 | Foster St | 2019 | 814 | 0.47 mi |
| SOUTHEAST CHATTANOOGA | Gray Rd | 2019 | 6,844 | 0.47 mi |
| W. OF I0075 | Jenkins Rd | 2019 | 2,603 | 0.55 mi |
| E Brainerd Rd | Creekside Village | 2003 | 27,830 | 0.57 mi |
| N.OF GEORGIA STATE LINE | Dodie Dr | 2019 | 2,567 | 0.58 mi |
| E Brainerd Rd | Shady Rest Rd | 2003 | 16,260 | 0.71 mi |
| GRAYSVILLE RD. | E Mountain Ln | 2020 | 6,421 | 1.16 mi |
| EAST CHATTANOOGA | Fuller Rd | 2019 | 20,643 | 1.17 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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