NEW Bojangles’ - Cypress Commercial
NEW Bojangles'
Elgin, SC (Columbia MSA)
Offering Memorandum
DNEoWllarBGojeannegrlaels'
COMPANY OVERVIEW:
Cypress Commercial and Investment Real Estate is an investment real estate brokerage firm that exclusively represents buyers and sellers of single-tenant income producing properties and shopping centers in the Carolinas and southeastern United States. With over 80 years of investment real estate experience, Cypress has emerged as one of the top boutique investment real estate firms. Cypress' brokerage team prides itself on delivering superior client service while offering the most current and advanced marketing techniques in today's marketplace. Cypress has sold over $1 billion in investment properties throughout the Carolinas and eastern half of the United States, representing both buyers and sellers in metropolitan and rural marketplaces.
PRESENTED BY:
James C. Harrison, III, CCIM 803 834.7014 ext. 1 (o) 803 331.8088 (c) jharrison@
ADDRESS:
Cypress Commercial & Investment Real Estate 3101 Devine Street Columbia, SC 29205
DISCLAIMER:
It is the prospective purchaser's responsibility to conduct its own due diligence. The information contained in this brochure does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may desire. Additional information and an opportunity to inspect the property will be made available to interested, qualified prospective purchasers. Owner and its representatives make no representation or warranty, express or implied, as to the accuracy or completeness of this information, and no legal commitments or obligations shall rise by reason of the contents herein. Cypress Commercial and Investment Real Estate represents the seller in this transaction.
The owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest by any entity at any time with or without notice. The owner shall have no legal commitment or obligation to any entity reviewing this information or making an offer to purchase subject property unless and until a written agreement for the purchase of the property has been fully executed, delivered and approved by the owner.
PAGE 2
NEW Bojangles'
Representative Photo
Investment Overview / Property Highlights
INVESTMENT HIGHLIGHTS:
? Relocation Store ? Fifteen (15) year initial Lease term with 1.5% annual increases ? Three (3) Five (5) Year Options also with 1.5% annual increases ? NNN Lease with Bojangles' Restaurants, Inc. Corporate ? Bojangles' has over 750 locations in 12 states ? Located on corner of Main Street (US HWY 1) and Bowen Street ? Suburb of Columbia- SC State Capital ? Site Traffic Count: US HWY 1 - 12,400 VPD
PROPERTY HIGHLIGHTS:
Location: Building:
Land Area: Parking Spaces: Zoning: Construction: Site:
2513 Main Street (US HWY 1), Elgin, SC 29045 2,995+/- SF Quick Service Resturant (QSR) Building - Freezer/coolers attached to rear of building and considered real property are not included in the SF calculation 1.28+/- Acres 45 Spaces (2 Handicap) General Commercial Brand New 2019 Construction This Bojangles' Restaurant is located on Main Street in the center of downtown Elgin. Elgin is a suburb of Columbia, the state capital, located 15 miles to the west. Elgin is part of the fast-growing northeast section of Columbia along HWY 1 and I-20. This is a corner site and is a relocation of the Bojangles' located in the IGA Market across the street.
PAGE 3
NEW Bojangles'
SALES SUMMARY
Lease Information
Purchase Price CAP Rate
$2,385,000 5.65%
LEASE INFORMATION
Tenant
Bojangles' Restaurants, Inc.
Lease Term Annual Rental*
Renewal Options Estimated Rent Start Date
15 Years
YR 1--- $134,800 YR 6 --- $145,217 YR 11 --- $156,440 YR 2 --- $136,822 YR 7 --- $147,396 YR 12 --- $158,787 YR 3 --- $138,874 YR 8 --- $149,607 YR 13 --- $161,169 YR 4 --- $140,957 YR 9 --- $151,851 YR 14 --- $163,586 YR 5 --- $143,071 YR 10 ---$154,128 YR 15 --- $166,040
Three 5 Year Options Each With 1.5% Annual Increases
July 1, 2019
Estimated Lease Expiration Date
June 30, 2034
Original Lease Term
Fifteen (15) Years
Lease Type
NNN
Landlord Responsibilities
None
*Annual Rent subject to minor adjustment after developer costs are reconciled
Representative Photo Representative Photo Representative Photo
PAGE 4
NEW Bojangles'
Greenville
Charlotte
Elgin
Regional Map
Atlanta
Augusta
15 miles
Columbia
Charleston
PAGE 5
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- 2014 2015 membership directory
- new apage marketing package
- curriculum vitae jeffrey h oppenheimer md ms foabns
- outcomes after decompressive laminectomy for lumbar spinal
- lumbar interbody fusion techniques indications and
- clinical forensic neuropsychology services llc
- medical office building investment opportunity 2470
- in the supreme court of mississippi no 2020 ca 01265 sct
- newsouth neurospine llc
- antonio parker a k a antonia m parker a k a antonia
Related searches
- syneos health commercial careers
- syneos health commercial solutions
- syneos health commercial solutions jobs
- syneos commercial careers
- syneos health commercial solutions locations
- royalty free images for commercial use
- copyright free images commercial use
- commercial building images
- commercial dry cleaning equipment
- free commercial use clipart
- new york life commercial 2018
- cypress middle school memphis tn