Bojangles’ — 5521 Murfreesboro Road, La Vergne, TN

A Bojangles’ sold on an outparcel to a new Walmart Supercenter at 5521 Murfreesboro Road in La Vergne, Tennessee, within the Nashville MSA. Built in 2017, the NNN lease is corporately guaranteed by Bojangles’ Restaurants, Inc. (NASDAQ: BOJA) with a 15-year initial term and 7.5% increases every five years, plus three renewal options.

Construction

Investment Highlights

15-year initial lease term with 7.5% increases every 5 years.
Three 5-year renewal options at 7.5% increases each.
NNN lease corporately guaranteed by Bojangles' Restaurants, Inc. (NASDAQ: BOJA).
23,135 VPD, located between two I-24 interchanges in La Vergne, TN.

Ready to Discuss Your Next Investment?

Whether you are looking to acquire a NNN property, sell an existing investment asset, complete a 1031 exchange, or discuss a commercial real estate opportunity, Harrison Capital Advisors is ready to assist.

James C. Harrison, III, CCIM

Managing Partner / Head of Real Estate Investment Sales

Coleman Davis

Partner / Senior Investment Real Estate Advisor