Bojangles NNN Property For Sale — Fayetteville, NC · 2,614 SF
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: 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 in Fayetteville, North Carolina.
Asset type: QSR