Bojangles NNN Property For Sale — Williamston, SC
627 W Main St, Williamston, SC 29697
This offering features an Absolute Triple-Net (NNN) Lease Bojangles, strategically located within the vibrant Greenville, SC Metropolitan Statistical Area. This newly constructed property, built in 2023, boasts a long-term lease with over 13 years remaining, providing stable income for investors. The asset benefits from built-in rent growth with 7% increases scheduled in year 7, year 12, and throughout each option period. The lease is backed by a strong franchisee guaranty from one of the largest Bojangles operators, managing over 120 locations. The property is situated at a signalized intersection with two access points and is only a 30-minute drive to downtown Greenville, a key economic hub within the Upstate Region of South Carolina, encompassing Greenville, Spartanburg, and Anderson.
- Address: 627 W Main St, Williamston, SC 29697
- Asking price $2.67M
- 6.05% cap rate
- NOI $161,594
- 12.9 years remaining
- NNN lease
Asset type: Restaurant