Bojangles – Evans, GA

Bojangles
4544 Washington Rd, Evans, GA 30809, USA

Sands Investment Group is pleased to exclusively offer for sale the 3,732 SF Bojangles Absolute NNN Asset located at 4544 Washington Road in Evans, GA. This exceptional opportunity features a 15-year sale-leaseback with a strong corporate operator, providing investors with long-term income stability. The lease includes an initial 15-year primary term and 4, 5-year renewal options, offering extended cash flow potential and investment security in a high-visibility retail corridor.

  • 15-year sale-leaseback featuring a primary lease term, accompanied by 4, 5 year renewal options.
  • Strong unit-level performance with an estimated occupancy cost of approximately 8% of sales is within a healthy range for the QSR sector, indicating a well-performing location with sustainable rent coverage.
  • Strategic position along Washington Road (31,100+ VPD), positioned on one of the primary retail corridors serving Evans and the greater Augusta MSA with exceptional visibility and accessibility.
  • Surrounded by national retailers – located within a dense retail corridor featuring retailers including Kroger, Walmart Neighborhood Market, Lowe’s, IHOP, Sonic, Jersey Mike’s, Sport Clips, GameStop, Sally Beauty, Great Clips, AT&T, Ace Hardware, Discount Tire, O’Reilly Auto Parts, AutoZone, Publix, Circle K, and Kia, driving consistent consumer traffic to the area.
  • Located in the Augusta MSA and anchored by major employment drivers including Augusta University, the Augusta Medical District, Fort Eisenhower (Cyber Command Headquarters), Starbucks Soluble Plant, Textron/E-Z-GO, Coca-Cola, and Ferrara USA.

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

Bojangles
4544 Washington Rd, Evans, GA 30809, USA

Bojangles

Bojangles, Inc. is a highly differentiated and growing restaurant operator and franchisor dedicated to serving customers high-quality, craveable food made from Southern recipes. Bojangles Restaurants began as the dream of Jack Fulk and Richard Thomas. They based their concept on three attributes: distinctive flavor, high-quality products made from scratch, and a festive restaurant design with friendly service. And in 1977, their dream became a reality in the form of the first Bojangles restaurant in Charlotte, NC. In 2017, Bojangles celebrated its 40th anniversary in business. Bojangles serves menu items such as delicious, famous chicken, made-from-scratch buttermilk biscuits, flavorful fixin’s, and Legendary Iced Tea®. Currently at approximately 800 company-owned and franchised restaurants, among other accolades, Bojangles was ranked as the fastest growing chicken restaurant by Nation’s Restaurant News and was named by The Wall Street Journal as one of eight restaurants in its “25 Franchise High Performers” across all industries.

Price

$2,700,000

Cap Rate

6.00%

PREMISES

3,732 SF

RENEWAL OPTIONS

4 x 5 Year Options

Lease Expiration

15 Years From Close of Escrow

Lease Type

Absolute NNN

RENTAL INCREASES

10% Every 5 Years

BROKERS

Mitchell Coleman
Charleston
Doug Roland
Charleston
Andrew S. Ackerman
Atlanta

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