PRICE : | $3,130,435 |
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CAP RATE: | 5.7% |
PROPERTY TYPE: | Retail |
SITE SIZE: | 1.06 Acres |
BUILDING SIZE: | 3,200 SF |
YEAR BUILT: | 2017 |
Bull Realty is pleased to present the opportunity to acquire a high-performing Bojangles STNL located in Cedartown, GA. It is operated by one of the largest Bojangles franchisees in the country and has a NNN leases.
The lease term remaining is 6 years with four 5-year renewal options. The lease includes a base rent escalation of 7.7% every 5 years through the initial term and subsequent renewal terms. The Landlord responsibilities are limited to roof and structure.
These properties is available at a 5.7% cap rate.