Closed Bojangles'5521 Murfreesboro Road, La Vergne, TN 37086

Sales Summary

Investment Highlights

• Fifteen (15) YR initial Lease term with 7.5% increases every 5 YRS
• Bojangles’ has Three (3) Five (5) YR options at 7.5% increases each
• NNN Lease is corporately guaranteed by Bojangles’ Restaurants, Inc. (NASDAQ:BOJA)
• Bojangles’ has over 730 locations in 12 states
• Long term growth plan to have 1,000 stores by 2020
• High Traffic Count: 23,135 VPD (2015)
• Restaurant is located on NEW Walmart outparcel
• Nashville MSA is highly desirable investment market
• Site is located between the 2 entrances of Lake Forest Estates (3,000 homes, largest subdivision in state of TN)

Property Summary

Property Highlights

This Bojangles’ Restaurant is located on an outparcel to a brand new Walmart Supercenter; situated on the north side of Murfreesboro Road (HWY 41), which is accessible from two I-24 interchanges (exit 66 & exit 64). The site benefits from a high traffic count of over 23,000+ cars and from heavy traffic generators such as the new Walmart and the Smyrna/Rutherford County Airport. Surrounding retailers include McDonald’s, Aaron’s, Wendy’s, Hardees’, Sherwin Williams, Walmart, Kroger, Aldi, Advance Auto, Ride Aid, CVS and many more.

Nashville MSA is the largest metropolitan area in the state of TN with just over 1.8 million people. Fourteen counties make up the MSA and La Vergne is a fast growing bedroom community 15 miles southeast of downtown Nashville.