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Bojangles 891 Hilliard Rome rd

2,744 SF Retail Building Columbus, OH 43228 $4,860,526 CAD ($1,771 CAD/SF) 5.75% Cap Rate

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Investment Highlights

122-unit operator with over 40 years of restaurant experience (see page 13)
Absolute NNN Lease featuring zero Landlord maintenance or expense responsibilities
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)

Largest Bojangles operator in the system
Rent increases 7% every 5 years, beginning in year 7 and in each option period
Across from West70 Logistics Center campus, an industrial park development with over 1.8 million square feet of building space proposed (see page 7)

Executive Summary

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).

Bojangles_ColumbusOH