DEALS

Deals

Bojangles – Augusta, GA

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