5861 Alabama Hwy
Ringgold, GA 30736

The subject property is currently under construction and slated to be completed by mid-December of 2019. Once completed, the improvements will be approximately 2,278 square feet in size sitting on an oversized lot of approximately 1.1 acres. This location is a new Bojangles’ prototype and will be one of the first stores to open with this custom design. The property will share access with Burger King to the south which finished development in mid-2018. The asset comes with a newly-signed, 15-year, absolute NNN lease, and is guaranteed by Bojangles’ Restaurants, Inc., their corporate entity. Bojangles’ operates more than 760 locations in 12 states and have posted 26 consecutive quarters of positive comparable restaurant sales. The property is located directly off of Highway 15 (with more than 22,700 VPD) which is currently under construction to be expanded to four lanes from two. Just north of the property is the I-75 on-ramp (with more than 90,000 VPD) that travels north and south between the Canada border and Southern Florida. The subject property is surrounded by national retailers including Peterbilt, Krystal, Wells Fargo, McDonald’s, Walgreens, Advance Auto Parts, CVS, Exxon, Burger King, Food Lion and more. The property also benefits from its close proximity to three large national industrial plants including Shaw Industries, Container Service Corporation and Propex.