Log In/Sign Up
Your email has been sent.
Bojangles NNN Lease 630 Gallatin Pike S 3,886 SF Retail Building Madison, TN 37115 $4,043,009 CAD ($1,040.40 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 15-Year NNN Lease corporately guaranteed by Bojangles’ Restaurants, Inc.
- New 2017 Construction | 3,886± SF building on 1.40± acres with 40 parking spaces
- Surrounded by National Retailers including CVS, Kroger, Walgreens, McDonald’s, and Madison Square Shopping Center
- 7.5% Rent Increases every 5 years, including options
- High-Visibility Hard Corner with signalized intersection | 27,860 VPD
- Prime Nashville MSA Location | 7 miles from Downtown in the growing Madison community
EXECUTIVE SUMMARY
The asset is secured by a 15-year corporately guaranteed NNN lease with 7.5% rental increases every 5 years and three 5-year renewal options, offering long-term, predictable income. Located just 7 miles northeast of downtown Nashville in the growing Madison community, the site benefits from a dense residential base, strong retail synergy, and excellent access via Briley Parkway and Old Hickory Boulevard, making it a prime investment in one of the Southeast’s most desirable markets.
This Bojangles was newly built in 2017 and consists of 3,886± SF and sits on a 1.4-acre hard-corner parcel. The property is located at a signalized intersection and has excellent visibility along Gallatin Pike, which sees over 27,800 vehicles per day. The property features ample parking (40 spaces) and strong surrounding national retailers, including CVS, Kroger, Walgreens, McDonald’s, and Madison Square Shopping Center.
This Bojangles was newly built in 2017 and consists of 3,886± SF and sits on a 1.4-acre hard-corner parcel. The property is located at a signalized intersection and has excellent visibility along Gallatin Pike, which sees over 27,800 vehicles per day. The property features ample parking (40 spaces) and strong surrounding national retailers, including CVS, Kroger, Walgreens, McDonald’s, and Madison Square Shopping Center.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,886 SF
Building Class
B
Year Built
2017
Price
$4,043,009 CAD
Price Per SF
$1,040.40 CAD
Cap Rate
6.25%
NOI
$252,688 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.40 AC
Zoning
GCR
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
138’ on GALLATIN PIKE
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 051-04-0-063 | Improvements Assessment | $1,104,899 CAD |
| Land Assessment | $510,795 CAD | Total Assessment | $1,615,694 CAD |
PROPERTY TAXES
Parcel Number
051-04-0-063
Land Assessment
$510,795 CAD
Improvements Assessment
$1,104,899 CAD
Total Assessment
$1,615,694 CAD
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Bojangles NNN Lease | 630 Gallatin Pike S
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.