Bojangles' 940 Hyatt St 3,681 SF Retail Building Gaffney, SC 29341 $2,777,777 ($754.63/SF) 5.40% Cap Rate

Colliers is offering 940 Hyatt Street in Gaffney, South Carolina, a corporately guaranteed Bojangles investment featuring 15 years of firm term under an absolute NNN lease. The lease is backed by Bojangles Opco, LLC, with an unconditional and irrevocable joint and several guarantee from Bojangles Issuer, LLC and Bojangles Guarantor, LLC. This dual corporate guarantee remains fully intact throughout the lease duration, including all renewals or extensions, and cannot be reduced or altered by changes to the underlying lease.
The asset is a 3,681-square-foot freestanding Bojangles restaurant with a drive-thru, built in 2014 on a 1.54-acre site along the Interstate 85 corridor. Located between the fast-growing Charlotte and Greenville metros, the property benefits from steady traffic and strong quick-service demand at a price point below major MSA comparables. With Bojangles operating more than 800 locations nationwide and actively expanding into major new markets, the combination of corporate-guaranteed income, rent growth, modern construction, and a strategic I-85 location makes this offering an attractive opportunity for private investors and 1031 exchange buyers seeking institutional-quality cash flow.