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3360 Wrightsboro Rd
Augusta, GA 30909
Bojangles · Retail Property For Sale
Investment Highlights
- 8+ Years Remaining on an Absolute Triple-Net (NNN) Lease with the Largest Franchisee in the Bojangles System
- Annual Rental Increases with Multiple Renewal Options
- Situated Immediately Off Interstate 520 with Excellent Frontage Along Wrightsboro Road (±27,800 Cars per Day)
- Tenant has 25+ Years' Experience as a Bojangles Franchisee and Currently Operates 120 Locations with Plans to Open 45 New Locations Through 2029
- Densely-Populated Augusta Trade Area - 158,806 Residents within a 5-Mile Radius
- Adjacent to Augusta Mall, a Super-Regional Shopping Mall and One of the Largest Malls in the State of Georgia
Executive Summary
Bojangles is an American regional chain of fast food restaurants that specializes in Cajun-seasoned fried chicken and buttermilk biscuits, primarily serving the Southeastern United States and rapidly expanding into new markets throughout the country. Bojangles has over 880 company-owned and franchised restaurants in 24 states.
Augusta, Georgia is the home of Augusta National Golf Club, where the Masters Tournament is played each year, attracting more than 40,000 spectators and tourists each year. The Augusta-Richmond County metro consists of seven counties: Burke, Columbia, Lincoln, McDuffie and Richmond counties in Georgia, and Aiken and Edgefield counties in South Carolina.
Augusta, Georgia is the home of Augusta National Golf Club, where the Masters Tournament is played each year, attracting more than 40,000 spectators and tourists each year. The Augusta-Richmond County metro consists of seven counties: Burke, Columbia, Lincoln, McDuffie and Richmond counties in Georgia, and Aiken and Edgefield counties in South Carolina.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,558 SF
Building Class
C
Year Built
2014
Price
$3,529,000
Price Per SF
$991.85
Cap Rate
6.50%
NOI
$229,368
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.88 AC
Zoning
B-1
Parking
40 Spaces (11.24 Spaces per 1,000 SF Leased)
Frontage
290’ on Wrightsboro Rd
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 0414217000 | Improvements Assessment | $264,988 |
| Land Assessment | $137,779 | Total Assessment | $402,767 |
Property Taxes
Parcel Number
0414217000
Land Assessment
$137,779
Improvements Assessment
$264,988
Total Assessment
$402,767
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