Bojangles
For sale2951 Highway 78 E, Jasper, AL 35501
$2,000,0002,820 SF
Retail2019
Property type
Retail
Price
$2,000,000
Cap Rate
6.25%
Building size
2,820 SF
Year built
2019
Lot size
0.90 acres
Property description
This ±2,820-square-foot Bojangles restaurant, located at 2951 Highway 78 E, Jasper, Alabama, is leased to Cedartown Chicken, LLC for a 15-year term. The lease is ABSOLUTE (NNN), with zero landlord responsibilities. Five 5-year extension options are available, and rent rises 10% every five years (including extensions). The base rent for years 1–5 is $125,000 annually, equivalent to $10,416.67 monthly.
Property highlights
- NEW 15-Year ABSOLUTE-NNN Lease
- 123 Feet of Frontage
- 28,000 Vehicles per day
- 5 Mile Population: 21,165
Broker Of Record Darron Kattan Alabama BOR License No. 000099929-0 Firm License No. 000099928-0 813-839-7300 FSIVS@FranklinSt.com Franklin Street Real Estate Services LLC