SOLD – Bojangles – Augusta

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.

PROPERTY HIGHLIGHTS:

• 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