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Bojangles 9375 Dayton Pike 3,870 SF Retail Building Soddy Daisy, TN 37379 $2,942,052 ($760.22/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Zero Landlord Responsibilities: The property is leased on an absolute triple-net basis
- Long-Term Corporate Lease: Bojangles operates under a 10-year corporate-guaranteed lease, featuring 7.5% rent increases every 5 years
- Attractive Demographics & Affluent Trade Area: Within a 5-mile radius, the population exceeds 39,000 with an average household income of $99,000
- Strategic Location Adjacent to National Retailers: Positioned along Dayton Pike in Soddy-Daisy, the property is surrounded by major national retailers
- Strong National Tenant: Founded in 1977 and headquartered in Charlotte, NC, Bojangles operates 800+ locations nationwide
- Modern Construction on a Large Parcel: Built in 2016, the ±3,870 SF building sits on ±1.53 acres
EXECUTIVE SUMMARY
Broker of Record
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,870 SF
Building Class
C
Year Built
2000
Price
$2,942,052
Price Per SF
$760.22
Cap Rate
6.75%
NOI
$198,589
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.52 AC
Zoning
C2
Frontage
214’ on Dayton Pike
AMENITIES
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 066-006.04 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $676,440 |
PROPERTY TAXES
Parcel Number
066-006.04
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$676,440
CONTACTS
-
Clay Smith -
Hutt Cooke -
Georgia Crittenden -
Matthews Real Estate Investment Services
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Bojangles | 9375 Dayton Pike
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