The Palomar Team facilitated the sale of a Single Tenant NNN Bojangles in Augusta, GA. The Bojangles is a franchise store with a new 20 year lease in place. The team represented the Buyer in the transaction as part of the 1031 exchange.
- Absolute NNN Lease with Zero Landlord Responsibilities
- 19 Years Remaining on Lease
- 7.5% Rent Escalations Every 5 Years
- New Construction
- Strong Operator With 10 Locations