Hoover, AL - Dark Bojangles

Description:

• Bojangles Corporate (800+ Locations) guaranteed lease
• 4+ years of lease term remaining
• The lease features 1.25% annual rental increases, steadily growing NOI while providing a hedge against inflation

• The subject property is located near the signalized intersection of Interstate 65 and U.S. Highway 31 which combine to average over 138,200 vehicles passing by daily
• Located approximately 1 mile from a Dollar Tree and Burlington anchored center that also features a Chick-fil-A pad and several local tenants
• In the center of a primary retail corridor that features national/credit tenants such as T.J. Maxx, Northern Tool + Equipment, Crunch Fitness, McDonald’s, Taco Bell, Firehouse Subs, AutoZone, and many others
• Strong tenant synergy promotes crossover shopping to the subject property