770.913.3900

Bojangles’

Bojangles’

1563 Andrews Road

Murphy, NC 28906

Bojangles' Standalone Restaurant

Contacts

Sean W. Patrick, CCIM

Senior Vice President, Investment Sales

770.913.3946

spatrick@ackermanco.net

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Overview

Ackerman Retail a division of Ackerman & Co is pleased to exclusively offer the opportunity to acquire the fee-simple interest in a net lease Bojangles’ Restaurant, located along U.S. 74 E in Murphy, North Carolina. Completed in 2014, this property is a 3,587 SF standalone restaurant

 

Offering Price:

$1,925,000 ($523 psf)

Cap Rate:

7% Cap (*7.8% cap in year 6)

Net Operating Income:

$135,000

Tenant:

Bojangles (Acorn Food Group LLC)

Ownership Interest:

Fee Simple

Loan:

Offered Free & Clear