Bojangles | Corporate Lease Guarantee
3737 W Gate City Blvd, Greensboro, NC 27401
Price: $2,325,000
Status: Sold
Cap Rate: 5.65%
Year Built: 2017
NOI: $131,332
Lot Size: 0.81 acres
Price Per Foot: $598
Lease Type: Triple-Net (NNN)
Remaining Term: 8 Years
GLA: 3,886 sqft
Property Intro
Lee & Associates and Bang Realty are pleased to present the opportunity for a qualified investor to acquire Fee Simple interest (land & building) in Bojangles “Subject Property”, located at 3737 W Gate City Blvd, Greensboro, NC 27401. Built in 2017, the Subject Property consists of a 3,886 square foot drive-through building that resides on a 0.81-acre parcel.
investment highlights
- Strong Store Rankings – Top Performing Store in Greensboro
- Absolute Triple-Net (NNN) Lease with Annual Increases
- Located In Dense Retail Trade Area
- Corporate Lease Guaranty – Bojangles Restaurants, Inc.
- Located In the Headquarters of Bojangles Restaurants, Inc. – Charlotte, NC
- 40+ Year Successful Operating History – Tenant Scraped and Rebuilt Building In 2016
listing agents
