Bojangles
$2,307,000
615 NE Main Street, Simpsonville, SC 29681
6.5
Cap Rate
150,000
NOI
Details:
Highlights:
- Absolute NNN Lease – True passive investment with zero landlord responsibilities.
- Tenant Renewal – Bojangles recently renewed, showing strong commitment to the location.
- Top QSR Operator – Operated by a leading Bojangles franchisee with 100+ locations nationwide.
- Corporate Guarantee - Lease is backed by Bojangles Corporate.
- Strong Demographics – 127,655 residents within 5 miles with an average household income of $108,031.
- High Visibility Location – NE Main Street sees over 17,900 vehicles per day.
- Proximity to Major Employer – Less than a quarter-mile from Sealed Air Corporation, operating 24/7 with approximately 2,500 employees.
- Surrounded by Community Anchors – Close to schools, retail centers, and neighborhood amenities driving consistent daily traffic.
Description:
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Simpsonville, located in southeastern Greenville County along the I-385 corridor, has emerged as one of the key economic drivers in the “Golden Strip” area. Its strategic location and business-friendly environment have contributed to steady commercial growth across sectors such as manufacturing, healthcare, retail, and professional services. The city benefits from proximity to Greenville’s larger economic ecosystem while maintaining its own strong base of employers. Active involvement from local government and the Chamber of Commerce continues to attract new development and support small and mid-sized businesses, contributing to consistent job creation and a vibrant local economy.
With a population of over 23,000 residents and steadily rising, Simpsonville has become a highly desirable area for families seeking a balance of suburban living and economic opportunity. The median household income is above the state average, and the community has a solid educational profile, with a notable percentage of residents holding college and advanced degrees. Strong schools, expanding housing options, recreational amenities, and family-oriented neighborhoods have supported a growing influx of young professionals, families, and long-term residents. This combination of economic vitality and quality of life continues to fuel Simpsonville’s appeal as one of the fastest-growing communities in the Upstate region.