Trinity Partners is proud to serve as exclusive listing broker on behalf of ownership and present this net lease retail investment opportunity in metro Nashville occupied by Bojangles Famous Chicken ‘n Biscuits, a leader in the quick serve restaurant industry with over 800 locations in 17 states. (“Bojangles” or the “Property”).
The Property was developed in the second half of 2022 on 1.19 acres with a 2,775 square foot drive-thru building and 28 parking spaces. Bojangles signed a 16-year absolute NNN lease that commenced in January 2023 with multiple 5-year renewal options and 7% rent bumps every 5 years. The franchisee (BOJ of WNC) is the largest operator in the Bojangles system with over 125 locations in 6 states.
The Property is less than 25 minutes north of downtown Nashville and the International Airport just off I-65 in the affluent family community of Goodlettsville. The underlying real estate can’t get much better within the trade area at a high-profile signalized intersection in front of a Publix neighborhood center. Nashville is one of the strongest economies in the U.S. and the largest metro area within a 5-state region.