Net-lease investment offering

Bojangles

638 South New Hope Road, Gastonia, NC

$2,456,688Asking price
6.00%Capitalization rate
$147,401Net operating income
Upon requestTerm remaining
Offering memorandumComplete investment materials
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Ryan Eklund
Broker contactsRyan Eklund
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Bojangles
Corporate-guaranteed · NNN

Offering Details

Lease Economics
TenantBojangles
Lease TypeTriple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesAvailable upon request
Initial Lease Term15 Years
Term RemainingAvailable upon request
Rent CommencementAvailable upon request
Lease ExpirationAvailable upon request
Rental IncreasesAvailable upon request
Renewal OptionsThree (3), Five (5) Year Options
Real Estate
Building Area3,668 SF
Land Area1.10 acres
Year Built2011
Ownership InterestAvailable upon request
Property TypeAvailable upon request
MarketGastonia, NC
Address638 South New Hope Road, Gastonia, NC

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

17,000Vehicles per day
7,900Vehicles per day