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Bojangles | New 20yr Corp Abs NNN 4799 W Irlo Bronson Memorial Hwy 2,575 SF Retail Building Kissimmee, FL 34746 $3,738,000 ($1,451.65/SF) 5.15% Cap Rate
Investment Highlights
- Brand New 20-Year Lease | Options To Extend | Scheduled Rental Increases
- Outparcel To Target (177,000+ SF) | Primary Retail Corridor |Strong National/Credit Tenant Presence
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease 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 Kissimmee, Florida. The tenant, Bojangles, recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of 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 passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,575 SF
Building Class
C
Year Built/Renovated
2019/2025
Price
$3,738,000
Price Per SF
$1,451.65
Cap Rate
5.15%
NOI
$192,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.91 AC
Zoning
Commercial
Parking
41 Spaces (15.92 Spaces per 1,000 SF Leased)
Frontage
158’ on West Irlo Bronson Memoria
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bojangles
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bojangles | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Bojangles | New 20yr Corp Abs NNN | 4799 W Irlo Bronson Memorial Hwy
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