3765 S Val Vista Dr
Gilbert, AZ 85297
Bojangles | New 20yr Abs NNN | Annual Incrs · Retail Property For Sale

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Bojangles investment property located in Gilbert, Arizona. This is Bojangles’ very first store in Arizona and it had the 2nd highest week of sales in Bojangles franchise history. The tenant, LVP Food Service Concepts LLC, Inc signed a brand new 20-year lease with 2 (10-year) options to extend, demonstrating their commitment to the site. The tenant is a subsidiary of LV Petroleum, which operates over 80 travel center locations, 180 quick-service restaurants, and 30 convenience stores. The lease features 2% annual rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a investor.