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BOJANGLES 3076 Pelham Pky 3,120 SF Retail Building Pelham, AL 35124 $1,888,000 ($605.13/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Recently Renovated – Recently Renovated, modern build with no deferred maintenance.
- Long-Term Stability – 20 years remaining on a corporately guaranteed lease.
- Strong Local Demographics – Average household income of $103,131 within a 1-mile radius supports strong consumer spending power.
- Absolute NNN Lease – Zero landlord responsibilities.
- Strong National Brand – Bojangles is a well-recognized QSR with growing international presence.
- Excellent Visibility & Access – Surrounded by strong daily traffic with over 30,400 VPD along Pelham Pkwy.
EXECUTIVE SUMMARY
Hutt Cooke
License No. 000110253 - 0 (AL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
AMENITIES
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Accommodation and Food Services
- -
- -
- -
Founded in 1977 in Charlotte, N.C., Bojangles', Inc. is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality, craveable food made from Southern recipes. Bojangles' prepares all of its proprietary menu items from scratch and there are no microwaves in its restaurants. A special blend of seasonings gives the food its unique Bojangles' flavor. The restaurants core menu features Bojangles’ famous chicken, made-from-scratch buttermilk biscuits, flavorful fixin’s and Legendary Iced Tea® steeped the old-fashioned way. Bojangles’ broad breakfast menu is served fresh all day, every day and features biscuit sandwiches such as Cajun Filet, steak and country ham. Bojangles’ menu also features unique fixin’s such as Dirty Rice, Cajun Pintos and Green Beans. First franchised in 1978, Bojangles' has more than 690 locations throughout the southeast U.S. For more information, visit www.Bojangles.com.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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|
Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-6-13-3-002-001-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $208,700 |
PROPERTY TAXES
Presented by
BOJANGLES | 3076 Pelham Pky
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