2280 W Andrew Johnson Hwy | Morristown, TN 37814
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2280 W Andrew Johnson Hwy
Morristown, TN 37814
Bojangle's · Retail Property For Sale
Investment Highlights
- Absolute NNN lease single tenant asset located on an oversized 1.23-acre parcel with plentiful parking, pylon signage, and a drive-thru.
- Bojangles is situated along W Andrew Johnson Hwy, with over 50,000 VPD, largely made up of daytime commuters.
- The lease is backed by BOJ of WNC, Bojangles largest franchisee with nearly 100 locations and expansion plans for an additional 45 stores
- Over 10.5 years remaining on the current term featuring 7.00% rental increases every 5 years, including four, (5) year option periods.
- With 788+ US locations, Bojangles iconic brand has a strong foothold in the Southeast
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,808 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.23 AC
Zoning
PCD
Parking
40 Spaces (10.5 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 041B-A-008.01 | Improvements Assessment | $262,080 |
| Land Assessment | $192,240 | Total Assessment | $454,320 |
PROPERTY TAXES
Parcel Number
041B-A-008.01
Land Assessment
$192,240
Improvements Assessment
$262,080
Total Assessment
$454,320
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