Bojangles

387 South Main Street, Hiawassee, GA 30546

$2,316,650

Cap Rate 5.95%

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DOM: 21 Updated: 08.13.25 Posted: 08.13.25 Status: Active 08.13.25

Summary

Price $2,316,650	Built/Renov 2024	Tenant Bojangles
Cap Rate 5.95%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 2,695	Lease Start 02-01-2024	#Units 800
Price/SF $859.61	Expiration 02-29-2044	Tenant Type Fast Food/QSR
NOI $137,841	R. Term 18.6	Ownership Fee Simple
Rent/SF $51.15	Increases 10.0%/6/yrs	Pop 5Mi 6,365
Lot/AC 0.89	Options 4/5yrs/10%	AHHI 5Mi $69,339

Tyson Glasser

Trinity Partners

Contact

Highlights

20-year absolute NNN lease with four 5-year renewal options,
Scheduled 10% rent increases in years 6, 11, and every renewal option
Bojangles operates 825+ restaurants across 17 states, among the Southeast’s most popular QSR
BOJ of WNC is the largest, most awarded franchisee with 125+ units in six states.
Property fronts US 76 with 12,900 vehicles daily, the county’s primary commercial corridor.
Positioned at Four Seasons Medical Office Park entrance, across from Chatuge Regional Hospital.
Strong retail trade area of 40,000+ residents averaging over $88,000 household income within 15 miles.

Location Description

Bojangles is strategically located along U.S. Highway 76, a heavily trafficked corridor with approximately 12,900 vehicles passing by daily. The property benefits from steady foot traffic driven by both local residents and a consistent influx of tourists, due to its proximity to Lake Chatuge and the scenic Appalachian Mountain region. It is positioned near national retailers such as Ingles...

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Key Features

New construction
Hard corner intersection
Near major nationals
Highway location
Strong demographics
Population increase trend
Brand new lease
Long 15+ yr lease
Corporate Guarantee
Over 500 units backed

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Links

Bojangles Wikipedia Bojangles Wikipedia Hiawassee, GA Zip Code 30546 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Bojangles
Guarantor:Corporate
Company:The Jordan Group
# Units:800

About Tenant

Bojangles OpCo, LLC (doing business as Bojangles) is an American fast-food restaurant chain specializing in chicken and Southern-style cuisine. The company was founded in 1977 in Charlotte,...

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Listing Broker

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