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Bojangles 627 W Main St 2,439 SF Retail Building Williamston, SC 29697 $2,762,300 ($1,132.55/SF) 5.85% Cap Rate
Investment Highlights
- Absolute NNN Lease | No Landlord Responsibilities Fast Food (QSR) Asset with A Drive-Thru
- New Construction Building | Built in 2023
- Strong Franchisee Guaranty | Largest Bojangles Franchisee Operator With 120+ Locations
- Long Lease Term | 13+ Yrs Remaining
- Built in Rent Growth | 7% Increases in Year 7, 12, and Each Option
- 30-Min. Drive to Downtown Greenville, SC | Upstate Region: Greenville, Spartanburg, Anderson
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,439 SF
Building Class
B
Year Built
2023
Price
$2,762,300
Price Per SF
$1,132.55
Cap Rate
5.85%
NOI
$161,595
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.16 AC
Zoning
Residential commercial - Residential commercial
Parking
35 Spaces (14.35 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 245-19-17-004 | Improvements Assessment | $98,950 |
| Land Assessment | $11,720 | Total Assessment | $110,670 |
Property Taxes
Parcel Number
245-19-17-004
Land Assessment
$11,720
Improvements Assessment
$98,950
Total Assessment
$110,670
Contacts
-
Andrew Margulies -
Ashley Estrada -
Harrison Creason -
Patrick Barratt -
Marcus & Millichap
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Bojangles | 627 W Main St
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