Bojangles NNN Property For Sale — Fayetteville, NC
4554 Raeford Rd, Fayetteville, NC 28304
This Bojangles property in Fayetteville, NC, offers an exceptional investment opportunity with over 20 years remaining on an absolute NNN lease. The tenant has demonstrated a long-term commitment by exercising a 20-year extension, and the store will undergo a full renovation by January 2026. This corporately guaranteed asset features below-market rent and no landlord responsibilities. Located at a signalized intersection with high daily traffic counts, the property benefits from strong surrounding demographics, proximity to major retailers like Walmart and Walgreens, and a robust built-in customer base from nearby residential areas. The rent will increase by 6% on January 1, 2031, followed by 7.5% increases every five years thereafter.
- Address: 4554 Raeford Rd, Fayetteville, NC 28304
- Asking price $2.00M
- 5.75% cap rate
- NOI $115,000
- 20 years remaining
- NNN lease
- Year built: 1980
- Building size: 2,614 SF
- Lot size: 0.67 acres
- Lease expiration: Dec 31, 2045
- Rent increases: 6% increase on 1/1/2031; 7.5% increases every five years thereafter
- Guarantor: Corporate
Location
This Bojangles property is at 4554 Raeford Rd in Fayetteville, North Carolina.
Asset type: QSR