Zanesville OH - Bojangles

Description:

New 16-Year Lease | Options To Extend | Scheduled Rent Increases
The tenant recently signed a brand-new 16-year lease that commenced in May, 2025 featuring 3 additional 5-year renewal options, demonstrating long-term commitment to the site
Scheduled rent increases throughout the primary term and renewal options enhance long-term NOI growth and provide a built-in hedge against inflation

2025 Construction | Absolute NNN Lease
Constructed in 2025 with modern design, materials, and systems, the property offers contemporary aesthetics and operational efficiency consistent with today’s retail development standards
The lease is structured as an Absolute NNN lease, with the tenant responsible for CAM, taxes, insurance, and all maintenance of the premises
This zero-responsibility structure makes the asset an ideal, management-free investment for out-of-state or passive investors

Strong National Brand & Largest Franchisee Operator in Bojangles’ System
Bojangles was founded in 1977 and has since expanded to ~800 locations in 17 states
The franchisee operator, BOJ of WNC LLC, owns and operates 125 restaurants in Ohio, North Carolina, South Carolina, Tennessee, Georgia and Kentucky, and is the largest franchisee in the system
Sales at all of BOJ of WNC’s Ohio stores (including Zanesville) are up double digit % year over year
Ranked #31 on QSR Magazine’s 2025 release of its top 50 restaurants based on US system-wide sales, and #7 in the Chicken category

Situated In Front of Top Performing Walmart Supercenter | Across Street from Genesis HealthCare System | 1 Mile South of Colony Square Mall
Located directly in front of a top performing Walmart Supercenter, ranked 7th out of 141 locations in Ohio with 2.93M annual visits, and in the 87th percentile nationwide
Across Maple Avenue from Genesis HealthCare System, the largest healthcare provider in a six-county region of southeastern Ohio, with over 300 physicians, 247 patient-beds, and 600,000+ annual patient visits across various departments. Estimated to have over 1,000,000 total annual visitors.
1 mile south of Colony Square Mall, a 610,000 square foot super-regional shopping mall anchored by JCPenney, Dunham’s Sports, Planet Fitness, TJ Maxx, Five Below, American Eagle and Cinemark Theatres

Dense Residential Base | Strong Demographics
Over 44,700 residents and 26,900 employees within a 5-mile radius, with average household income projected to grow from $71,448 in 2025 to $78,556 by 2030

Excellent Frontage, Visibility & Access
Strategic proximity to Maple Avenue (Highway 60) with over over 25,000 cars passing the site every day
Outstanding visibility and access in one of Zanesville’s most heavily trafficked retail corridors

Proximity To Community Anchors
1.5 miles north of Zanesville High School (~653 students) and 2.5 miles northeast of Ohio University Zanesville (~2,097 students)
Strong access to local schools and community institutions supports repeat visits and reliable day-to-day traffic

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Listing ID: a28TP000002ZhQmYAK