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Bojangles

$3,381,000

891 Hilliard Rome Road, Columbus, OH 43228

Active
Last Updated: 01/16/2025

5.75

Cap Rate

194,389

NOI

Details:
Cap Rate:    5.75%
NOI:    $194,389
Building Size:    2,744 sqft
Lot Area:    46,391 sqft
Lease Type:    Absolute Net
Year Built:    2023
Tenancy:    Single
Highlights:
  • 122-unit operator with over 40 years of restaurant experience (see page 13)
  • Largest Bojangles operator in the system
  • Absolute NNN Lease featuring zero Landlord maintenance or expense responsibilities
  • Rent increases 7% every 5 years, beginning in year 7 and in each option period
  • Outparcel at primary ingress and egress to Menards, the 3rd largest home improvement retailer in the U.S. (351 stores, $13 billion in revenue 2022)
  • Across from West70 Logistics Center campus, an industrial park development with over 1.8 million square feet of building space proposed (see page 7)
Description:

Bojangles is an outparcel to Menards Home Improvement store and adjacent to a new Starbucks, off I-70 (102,045 VPD) on a primary thoroughfare with 22,197 VPD. Located across from West70 Logistics Center campus, an industrial park development with over 1.8 million square feet of building space (see page 7).

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Documents:
Title
Bojangles_ColumbusOH.pdf
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