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36 Coughlin ln
Delaware, OH 43015
Bojangles | Delaware, OH · Retail Property For Sale
Investment Highlights
- At Signalized Intersection
- Traffic count of 32,228 on Columbus Pike
- Next to Top 2% Performing Sheetz
Executive Summary
This offering features a newly constructed, approximately 2,444-square-foot freestanding Bojangles restaurant located near the US 23 corridor in Delaware, Ohio. The property is operated by BOJ of WNC, LLC under a long-term net lease with an initial term of approximately 16 years and three additional five-year renewal options. The modern drive-thru restaurant provides investors with a low-management, single-tenant asset backed by contractual rent increases and a well-established quick-service restaurant concept.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
2,444 SF
Building Class
B
Year Built
2025
Price
$4,099,267
Price Per SF
$1,677.28
Cap Rate
6%
NOI
$245,956
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.70 AC
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 419-130-32-003-001 | Improvements Assessment | $36,790 |
| Land Assessment | $183,820 | Total Assessment | $220,610 |
Property Taxes
Parcel Number
419-130-32-003-001
Land Assessment
$183,820
Improvements Assessment
$36,790
Total Assessment
$220,610
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