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Bojangles NNN Property
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424 North Telegraph Road, Monroe, MI 48162

Restaurant building supported by a 20-year triple-net lease with annual rent increases.

Property Size1,845 SF
Lot Size0.71 Acres
Price / SF$1,465
Days on Market13

Property Features for 424 North Telegraph Road

General Information

Standard status Active
Size 1,845 SF
Lot size 0.71 Acres
Property subtype Retail
Occupancy 100%

Building Details

Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 21 at 4:02AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This Bojangles property includes approximately 1,845 rentable square feet within a building situated on an estimated 0.71-acre parcel. The asset is located at 424 North Telegraph Road in Monroe, Michigan.

The property is subject to a 20-year Triple Net lease that began on 7/31/2025. The agreement includes scheduled annual increases of 2.00%, providing a defined lease structure for the property.

Key Highlights

  • Approximately 1,845 rentable square feet
  • Estimated 0.71‑acre parcel
  • 20‑year Triple Net lease commenced 7/31/2025

Property Analytics

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Open Analytics

Current Use

Taco John’s Restaurant

Suggested Use

Top Pick Dental Office Parking Lot & Garage Storage Facility Electrical Service HVAC Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 48162, MI

29,156
Population
12,698
Households
2.3
Avg Household Size
43
Median Age
24%
College-Educated
91%
High-School Grad
57.5 sq mi
ZIP Area
507
Density / Sq Mi
$68,801
Median Household Income
$41,678
Median Earnings
$912
Median Rent
$192,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Restaurant building supported by a 20-year triple-net lease with annual rent increases.
Where is this nnn property located?
The property is located at 424 North Telegraph Road Monroe, MI.
What is the asking price?
The asking price for this property is $2,703,077.
What are key features of this property?
This property features: Approximately 1,845 rentable square feet; Estimated 0.71‑acre parcel; 20‑year Triple Net lease commenced 7/31/2025
(332) 345-4222 Call to check price and availability
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