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Bojangles - Abs NNN Leasehold 9210 Rainbow Blvd 3,138 SF Retail Building Las Vegas, NV 89108 $5,513,884 CAD ($1,757.13 CAD/SF) 7.88% Cap Rate

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INVESTMENT HIGHLIGHTS

Brand New 20-Year Lease | Options To Extend | Scheduled Rental Increases
Signalized, Hard-Corner Intersection (74,800 VPD) | Strong National/Credit Tenant Presence

Absolute NNN | Leasehold - Building Ownership | Zero Landlord Responsibilities
Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the LEASEHOLD INTEREST (BUILDING OWNERSHIP) in an absolute NNN leased, Bojangles investment property located in Las Vegas, Nevada. The tenant recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and variable increases at the beginning of each option period, 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.