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Bojangles 615 NE Main St 3,500 SF Retail Building Simpsonville, SC 29681 $2,500,000 ($714.29/SF) 6% Cap Rate
Investment Highlights
- Absolute NNN Lease – True passive investment with zero landlord responsibilities.
- Top QSR Operator – Operated by a leading Bojangles franchisee with 100+ locations nationwide.
- Strong Demographics – 127,655 residents within 5 miles with an average household income of $108,031.
- Tenant Renewal – Bojangles recently renewed in 2024, showing strong commitment to the location.
- Tenant is Corporate Bojangles - Bojangles Opco, LLC, a Delaware Limited Liability Company
- High Visibility Location – NE Main Street sees over 17,900 vehicles per day.
Executive Summary
Absolute NNN Lease – True passive investment with zero landlord responsibilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,500 SF
Building Class
C
Year Built
2009
Price
$2,500,000
Price Per SF
$714.29
Cap Rate
6%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.26 AC
Zoning
commercial
Parking
58 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
461’ on Northeast Main Street
Amenities
- Restaurant
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 0300.00-01-001.03 | Improvements Assessment | $61,840 |
| Land Assessment | $39,410 | Total Assessment | $101,250 |
Property Taxes
Parcel Number
0300.00-01-001.03
Land Assessment
$39,410
Improvements Assessment
$61,840
Total Assessment
$101,250
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Bojangles | 615 NE Main St
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