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15 Year CORPORATE Bojangles NNN 5.75 Cap 208 Harrison Bridge Rd 3,808 SF Retail Building Simpsonville, SC 29680 $3,977,637 CAD ($1,044.55 CAD/SF) 5.85% Cap Rate



Investment Highlights
- New 15-Year Corporate Lease
- High Quality 2015 Construction
- Strong Retail Corridor
- Rare Bojangles Corporate Guarantee
- Interstate Access & Prime Visibility
- Absolute NNN Lease with Zero Landlord Responsibilities
Executive Summary
Colliers International is proud to present 208 Harrison Bridge Road in Simpsonville, South Carolina, a corporately guaranteed Bojangles operating under a brand new 15-year absolute NNN lease. The tenant is responsible for all taxes, insurance, utilities, maintenance, and capital expenditures including roof, structure, and parking lot, leaving the landlord with a completely passive ownership position. The lease features scheduled rental increases throughout the primary term and renewal options, providing a built-in hedge against inflation and growing yield on basis over the hold period.
The corporate guarantee places the full credit of Bojangles Restaurants, Inc. behind the rental obligation. Bojangles is one of the dominant quick service brands in the Southeast with more than 800 locations and a deeply loyal regional customer base built around made from scratch biscuits, hand breaded bone in chicken, and signature seasoned fries. The company is owned by affiliates of Durational Capital Management and The Jordan Company, two well capitalized private equity sponsors who have invested heavily in store level economics, supply chain, and brand modernization. The level of credit support on this lease is increasingly rare in today's net lease QSR market.
The property is strategically positioned on Harrison Bridge Road, a primary commuter and retail corridor connecting Interstate 385 to the affluent Five Forks submarket and the broader Fairview Road trade area. Simpsonville is one of the fastest growing submarkets within the Greenville-Spartanburg-Anderson Combined Statistical Area, a region exceeding 1.5 million residents that consistently ranks among the top performing metros in the country for population growth, job creation, and net domestic migration. The Upstate South Carolina economy is anchored by major employers including BMW, Michelin, GE, and Lockheed Martin, supported by a deep regional manufacturing base. The immediate trade area benefits from established residential density, strong daytime employment, and an active pipeline of new single family and multifamily construction.
For investors building a long-term NNN portfolio, this asset checks every box that matters. Corporate guarantee. Brand new long-term lease. Zero management. Growing rent. High growth Southeastern market. Best in class regional brand with proven staying power across multiple economic cycles. Assets of this caliber rarely come to market and typically trade quickly to 1031 exchange buyers and private capital sources seeking durable, passive yield. Contact the Twist Capital Team at Colliers International for pricing, financials, and access to the full offering memorandum.
The corporate guarantee places the full credit of Bojangles Restaurants, Inc. behind the rental obligation. Bojangles is one of the dominant quick service brands in the Southeast with more than 800 locations and a deeply loyal regional customer base built around made from scratch biscuits, hand breaded bone in chicken, and signature seasoned fries. The company is owned by affiliates of Durational Capital Management and The Jordan Company, two well capitalized private equity sponsors who have invested heavily in store level economics, supply chain, and brand modernization. The level of credit support on this lease is increasingly rare in today's net lease QSR market.
The property is strategically positioned on Harrison Bridge Road, a primary commuter and retail corridor connecting Interstate 385 to the affluent Five Forks submarket and the broader Fairview Road trade area. Simpsonville is one of the fastest growing submarkets within the Greenville-Spartanburg-Anderson Combined Statistical Area, a region exceeding 1.5 million residents that consistently ranks among the top performing metros in the country for population growth, job creation, and net domestic migration. The Upstate South Carolina economy is anchored by major employers including BMW, Michelin, GE, and Lockheed Martin, supported by a deep regional manufacturing base. The immediate trade area benefits from established residential density, strong daytime employment, and an active pipeline of new single family and multifamily construction.
For investors building a long-term NNN portfolio, this asset checks every box that matters. Corporate guarantee. Brand new long-term lease. Zero management. Growing rent. High growth Southeastern market. Best in class regional brand with proven staying power across multiple economic cycles. Assets of this caliber rarely come to market and typically trade quickly to 1031 exchange buyers and private capital sources seeking durable, passive yield. Contact the Twist Capital Team at Colliers International for pricing, financials, and access to the full offering memorandum.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,808 SF
Building Class
B
Year Built
2015
Price
$3,977,637 CAD
Price Per SF
$1,044.55 CAD
Cap Rate
5.85%
NOI
$232,762 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.15 AC
Zoning
C2
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Bojangles began in 1977 as a single restaurant in Charlotte and grew into a Carolina-born quick-service chain known for Southern-style chicken, made-from-scratch biscuits, and tea. The company built its menu around breakfast, chicken, biscuits, fixings, and beverages prepared fresh daily from core recipes. Bojangles has expanded across the United States while keeping a focus on Southern food traditions and friendly service. Community involvement remains part of the business alongside continued brand growth.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0333.00-01-001.08 | Improvements Assessment | $110,170 CAD |
| Land Assessment | $81,658 CAD | Total Assessment | $191,828 CAD |
Property Taxes
Parcel Number
0333.00-01-001.08
Land Assessment
$81,658 CAD
Improvements Assessment
$110,170 CAD
Total Assessment
$191,828 CAD
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15 Year CORPORATE Bojangles NNN 5.75 Cap | 208 Harrison Bridge Rd
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