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Investment Highlights

  • New 15-Year Corporate Lease
  • High Quality 2015 Construction
  • Strong Retail Corridor
  • Rare Bojangles Corporate Guarantee
  • Interstate Access & Prime Visibility
  • Absolute NNN Lease with Zero Landlord Responsibilities

Executive Summary

Colliers International is proud to present 208 Harrison Bridge Road in Simpsonville, South Carolina, a corporately guaranteed Bojangles operating under a brand new 15-year absolute NNN lease. The tenant is responsible for all taxes, insurance, utilities, maintenance, and capital expenditures including roof, structure, and parking lot, leaving the landlord with a completely passive ownership position. The lease features scheduled rental increases throughout the primary term and renewal options, providing a built-in hedge against inflation and growing yield on basis over the hold period.
The corporate guarantee places the full credit of Bojangles Restaurants, Inc. behind the rental obligation. Bojangles is one of the dominant quick service brands in the Southeast with more than 800 locations and a deeply loyal regional customer base built around made from scratch biscuits, hand breaded bone in chicken, and signature seasoned fries. The company is owned by affiliates of Durational Capital Management and The Jordan Company, two well capitalized private equity sponsors who have invested heavily in store level economics, supply chain, and brand modernization. The level of credit support on this lease is increasingly rare in today's net lease QSR market.
The property is strategically positioned on Harrison Bridge Road, a primary commuter and retail corridor connecting Interstate 385 to the affluent Five Forks submarket and the broader Fairview Road trade area. Simpsonville is one of the fastest growing submarkets within the Greenville-Spartanburg-Anderson Combined Statistical Area, a region exceeding 1.5 million residents that consistently ranks among the top performing metros in the country for population growth, job creation, and net domestic migration. The Upstate South Carolina economy is anchored by major employers including BMW, Michelin, GE, and Lockheed Martin, supported by a deep regional manufacturing base. The immediate trade area benefits from established residential density, strong daytime employment, and an active pipeline of new single family and multifamily construction.
For investors building a long-term NNN portfolio, this asset checks every box that matters. Corporate guarantee. Brand new long-term lease. Zero management. Growing rent. High growth Southeastern market. Best in class regional brand with proven staying power across multiple economic cycles. Assets of this caliber rarely come to market and typically trade quickly to 1031 exchange buyers and private capital sources seeking durable, passive yield. Contact the Twist Capital Team at Colliers International for pricing, financials, and access to the full offering memorandum.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,808 SF
Building Class
B
Year Built
2015
Price
$2,900,530
Price Per SF
$761.69
Cap Rate
5.65%
NOI
$163,880
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.15 AC
Zoning
C2

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Bojangles® is a Southern-born quick-service restaurant brand famous for its seasoned fried chicken, scratch-made buttermilk biscuits, and fixin’s. Founded in 1977 and headquartered in Charlotte, NC, Bojangles operates more than 800 locations across the U.S., delivering bold flavors and Southern hospitality through breakfast, lunch, and dinner offerings.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

McAlisters Deli
Another Broken Egg
Cracker Barrel Old Country Store
9Round
Planet Fitness
Food Lion
Woodforest Bank
Starbucks
Orangetheory Fitness
Burn Boot Camp

Property Taxes

Property Taxes

Parcel Number
0333.00-01-001.08
Land Assessment
$58,510
Improvements Assessment
$78,940
Total Assessment
$137,450
  • Listing ID: 37106983

  • Date on Market: 8/4/2025

  • Last Updated:

  • Address: 208 Harrison Bridge Rd, Simpsonville, SC 29680

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