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201 East Euless Boulevard, Euless, TX , 76040
  • Size SF 3,123
  • Built/Renov2023
  • Price/SF
    $672
    $708
  • Lease Start04-16-2023
  • Rent/SF$33.62
  • Lease Type Abs NNN
  • Lot/AC1.08
  • Pop 5MI231,375
2,100,000
2,211,000
  • Cap Rate
    5.00%
     
    4.75%
  • NOI $105,000
  • R. Term/Yrs 17.8
  • Guarantor Corporate
  • # Units 791
  • New construction

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Freeway visibility

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 20+ yr lease

  • Corporate Guarantee

  • ...
  • New 2023 construction
  • Brand-new 20 year lease with 3 (5-year) options to extend
  • Lease features 10% rental increases every 5 years throughout the initial term and at each option period
  • Absolute NNN ground lease with zero landlord responsibilities
  • Corporate guarantee by The Jordan Company
  • Tenant Bojangles (GL)
  • Guarantor Corporate
  • #Units 791
  • Stock Private

Bojangles OpCo, LLC., doing business as Bojangles, is an American regional chain of fast food restaurants that specializes in cajun-seasoned, fried chicken and buttermilk biscuits created from scratch. Bojangles’ brand is dedicated to honoring traditional Southern recipes through a new generation of unique flavors, for families and friends who desire the simple goodness of a hometown experience. Founded in 1977 in Charlotte, NC, the chain currently operates approximately 800 plus locations in 14 states. Bojangles is headquartered in Charlotte, NC. and had revenue of $574M in 2021.

In January 2019, Bojangles was acquired by The Jordan Company and Durational Capital Management, making it a privately held company. TJC partners with profitable companies to realize significant opportunities for long-term growth. The Firm's portfolio includes 41 companies that generate approximately $19.7B of annual revenue.

...
2823 Eldorado Parkway, Little Elm, TX , 75068
  • Size SF 2,822
  • Built/Renov2023
  • Price/SF$1,063
  • Lease Start06-01-2023
  • Rent/SF$48.80
  • Lease Type Abs NNN
  • Lot/AC0.98
  • Pop 5MI231,255

3,000,000

  • Cap Rate 4.59%
  • NOI $137,700
  • R. Term/Yrs 17.10
  • Guarantor Corporate
  • # Units 816
  • New construction

  • Signalized intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • New 2023 construction
  • Bojangles has 18+ years remaining on the current ground lease term with 4 (5-year) options to extend
  • The lease features 2% annual rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Bojangles
  • Guarantor Corporate
  • #Units 816
  • Stock Private

Bojangles Op Co, LLC, doing business as Bojangles, is an American regional chain that owns and operates specialty chicken restaurants. Their menu features their chicken family meals, chicken sandwiches, their signature made-from-scratch biscuits, sides, beverages, desserts, and more. Founded in 1977 in Charlotte, NC, the chain currently operates over 800 locations in 14 states and boasts system-wide sales of $1.6B. In January 2019, the company was acquired by The Jordan Company and Durational Capital Management. Bojangles is headquartered in Charlotte, NC.

The Jordan Company, L.P. (“TJC”), founded in 1982, is a middle-market private equity firm with original capital commitments of over $19.2B. TJC partners with profitable companies to realize significant opportunities for long-term growth. The firm's portfolio includes 41 companies that generate approximately $19.7B of annual revenue. The firm is headquartered in New York City.

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