ATLANTA – Franklin Street has arranged the $2,507,463 sale of a newly-developed Bojangles’, a Southeastern U.S. regional chain of fast food restaurants, located at 850 Highway 96 in the city of Warner Robbins in Central Georgia. John Tennant and Bryan Belk of Franklin Street’s Atlanta office represented the seller, WR Bojangles, LLC of Marietta, Georgia, in the marketing of the 3,808-square-foot restaurant. The buyer was a private investor from Kingsport, Tennessee, who plans to hold the property for long-term investment. The restaurant is situated off of the heavily trafficked Highway 96 and will share access to the property with a new Lidl supermarket under development.
“There continues to be a strong buyer demand for stabilized, steady returns from single-tenant properties,” said Tennant, senior director of retail investment sales at Franklin Street. “We were able to leverage our national contacts and market expertise to place the property under contract within one month after marketing the asset.”
For more information on Franklin Street, visit FranklinSt.com.
About Franklin Street: Celebrating more than 10 years in the business, Franklin Street is a family of full-service commercial real estate companies focused on delivering value-add solutions to meet the evolving needs of clients. Through a collaborative philosophy of leveraging the resources, expertise and experience of each of its divisions – Real Estate, Capital, Insurance, Management and Valuation – Franklin Street offers unmatched value and optimal solutions for clients nationwide. Learn more about Franklin Street at FranklinSt.com.