Bojangles Chattanooga, TN

4417 Highway 58
Chattanooga, TN

Price: $2794000
Cap Rate: 5.50%
NOI: $153,635
Building Size: Approx. 3808 Sq. Ft.
Lot Size: Approx. 0.98 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2015

Investment Overview

  • New Construction  | 3,808+/- SF Building on .98+/- Acre Site
  • New 15-Year, Absolute NNN lease w/ 7.5% Rent Bumps Every 5-Years
  • Located along Highway 58 (36,000 VPD), North of Highway 153 (75,000 VPD)
  • Near CVS, Walgreen’s, Verizon, AutoZone, Sonic, Wendy’s, Taco Bell, & McDonald’s
  • 6-Mies NE of downtown Chattanooga | 3 Million tourists visit & spend almost $690M downtown each year
  • 5-Miles N of Chattanooga Airport | 6-Miles SE of Northgate Mall | 7-Miles NW of Hamilton Place Mall
  • Attractions: Tennessee Aquarium | Lookout Mountain | Civil War battlefield sites | The Appalachian Trail
  • 3-Miles Est 1,564 Businesses with 20,065 Employees | 5-Mile Average Household Income:  $59,176
  • Chattanooga is located 2.5-Hours SE of Nashville | City Ranked #1 for social well-beign – Guallup-Healthways poll

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