Bojangles 404 Westchase Dr 2,972 SF Retail Building Grand Prairie, TX 75052 $3,517,718 CAD ($1,183.62 CAD/SF) 5% Cap Rate

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Bojangles investment property located in Grand Prairie, Texas. The tenant, Bojangles Opco, LLC, recently signed a brand new 15-year lease with 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The tenant invested over $1.5 million into recent capex and remodel of the property. The property is scheduled to open March 2026.