Net-lease investment offering

Bojangles

3638 South New Hope Road, Gastonia, NC

$2,456,688Asking price
6.00%Capitalization rate
$147,401Net operating income
10.0 YearsTerm remaining
Offering memorandumComplete investment materials
Download OM
Ryan Eklund
Ryan EklundManaging Principal - Charlotte
Lic # NC: 286222; SC#: 115530
Logan Little
Logan LittleSenior Associate
Lic # NC: 346230; SC#: 139014
Broker of RecordRyan EklundStonecliffNC License No. 286222
Bojangles
Corporate-guaranteed · NNN

Offering Details

Investment Economics
Asking Price$2,456,688
Capitalization Rate6.00%
Net Operating Income$147,401
Lease Profile
Term Remaining10.0 Years
Original Lease Term15 Years
Roof / StructureNone
Rent Increases1.5% Annually Starting 11/1/2031
Lease Expiration10/31/2036
Landlord ResponsibilitiesNone
Rent CommencementNovember 1, 2011
TenantBojangles
Lease TypeNNN
GuarantyCorporate
Renewal OptionsThree (3), Five (5) Year Options
Property
Parking46 spaces
Building Area3,668 SF
Land Area1.10 Acres
Year Built2011

Investment Overview

STONECLIFF is pleased to present the exclusive listing for a Bojangless located at 3638 S. New Hope Rd., Gastonia NC 28056. The site consists of roughly 3,668 rentable square feet of retail space on an estimated 1.10-acre parcel of land. This Bojangles is subject to a 10-year Triple Net (NNN) Lease. The annual rent is $147,401 with scheduled 1.5% increases annually starting 11/1/2031.

  1. 01
    Situated within the Charlotte, NC MSA (Metropolitan Statistical Area)

    One of the fastest-growing MSAs in the Southeast

  2. 02
    Located at S New Hope Road (±17,000 vehicles per day) and Beaty Road (±7,900 vehicles per day)
  3. 03
    Adjacent to Grocery-Anchored Retail

    Positioned alongside a Food Lion-anchored shopping center with cross-access, benefiting from strong daily traffic and consistent consumer draw

  4. 04
    Established Retail Co-Tenancy

    Surrounding national and regional tenants include Food Lion, CVS Pharmacy,Smoothie King, Great Clips, and HiTONE Fitness

  5. 05
    Proximity to Growth Drivers

    Supported by nearby schools, expanding residential development, and ongoing commercial growth along the New Hope Road corridor, supporting long-term tenant performance

Location & Market

Gastonia, NC · 3638 South New Hope Road, Gastonia, NC

The property is located in Gastonia, NC. The map and market indicators below summarize regional access, demographics, and surrounding demand drivers.

17,500S New Hope Road traffic
10,500Beaty Road traffic
5,6961-mile population
94,8805-mile population
$139,3641-mile household income
21.6 MiDistance to Uptown Charlotte