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    326 John Dodd Rd Spartanburg, SC 29303

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    For Sale
    $3,416,000

    NNN Bojangles restaurant for sale near I-26.

    Property size:
    3,000 SF
    Lot size:
    0.38 Acres

    Property Features for 326 John Dodd Rd

    General Information

    Size
    3,000 SF
    Lot size
    0.38 Acres

    Source: Spencer/Hines Properties Agent Andy Hayes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bojangles Restaurant For Sale

    This property is a restaurant location with a projected rent commencement date of October 2024. The site is located halfway between Charlotte and Atlanta at the intersection of I-26 and John Dodd Road. The tenant is a large franchisee owning 110 Bojangles restaurants. The net operating income is approximately $204,960 per year, with escalations of 7.5% every five years. There are five, five-year options to renew with escalations. The guarantor is franchisee BOJ of WNC, LLC. It is an absolute net, net, net lease with no landlord responsibilities. The property size is 3,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Bojangles Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.02737
    Latitude
    35.01109

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    FAQs

    What type of property is this?
    Drive through restaurant - NNN Bojangles restaurant for sale near I-26.
    Where is this drive through restaurant located?
    The property is located at 326 John Dodd Rd Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $3,416,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease: Enjoy hassle-free ownership with no landlord responsibilities.; - Strong Guarantor: Lease is guaranteed by BOJ of WNC, LLC, a large franchisee owning 110 Bojangles restaurants.; - High Net Operating Income: Benefit from approximately $204,960 per year.
    (864) 706-0189
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    326 John Dodd Rd Spartanburg, SC 29303
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    Spartanburg, SC 29303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    326 John Dodd Rd Spartanburg, SC 29303
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