Net Leased Bojangles
For Sale
Contact for pricing
130 Malcolm Blvd, Connelly Springs, NC 28612
Single-tenant Bojangles property on Malcolm Boulevard with a lease extending through February 2033.
Property Size3,886 SF
Days on Market122
Property Features for 130 Malcolm Blvd
General Information
Standard status
Active
Size
3,886 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2018
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
Exclusively marketed for sale, this single-tenant, net leased Bojangles restaurant has been operating at the location since its construction in 2018. The 3,886-square-foot building is positioned along Malcolm Boulevard and is covered by a lease that runs through February 2033, with 7.5% rental escalations every five years throughout the primary term and each of the three 5-year options. The lease is triple net and includes a corporate guarantee.
The property benefits from visibility and access along Malcolm Boulevard, which the remarks state experiences over 15,000 vehicles per day, and from its location along Interstate 40, which the remarks state carries approximately 45,000 vehicles per day. The immediate retail area includes CVS Pharmacy, Dollar General, Subway, JD’s Smokehouse, and Ford & Hyundai, and the restaurant is less than one mile south of Valdese General Hospital, a 163-bed medical facility.
Bojangles is described in the remarks as a Cajun-seasoned chicken and southern-inspired restaurant concept.
The property benefits from visibility and access along Malcolm Boulevard, which the remarks state experiences over 15,000 vehicles per day, and from its location along Interstate 40, which the remarks state carries approximately 45,000 vehicles per day. The immediate retail area includes CVS Pharmacy, Dollar General, Subway, JD’s Smokehouse, and Ford & Hyundai, and the restaurant is less than one mile south of Valdese General Hospital, a 163-bed medical facility.
Bojangles is described in the remarks as a Cajun-seasoned chicken and southern-inspired restaurant concept.
Key Highlights
- Single‑tenant net leased Bojangles property operating since 2018 on Malcolm Boulevard
- Lease term runs through February 2033; triple net lease with corporate guarantee
- 7.5% rental escalations every five years throughout the primary term and each 5‑year option
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28612, NC
11,835
Population
5,449
Households
2.2
Avg Household Size
45
Median Age
14%
College-Educated
84%
High-School Grad
80.0 sq mi
ZIP Area
148
Density / Sq Mi
$56,007
Median Household Income
$36,678
Median Earnings
$787
Median Rent
$159,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant Bojangles property on Malcolm Boulevard with a lease extending through February 2033.
Where is this conventional restaurant located?
The property is located at 130 Malcolm Blvd Connelly Springs, NC.
What are key features of this property?
This property features: Single‑tenant net leased Bojangles property operating since 2018 on Malcolm Boulevard; Lease term runs through February 2033; triple net lease with corporate guarantee; 7.5% rental escalations every five years throughout the primary term and each 5‑year option
