Bojangles Ground Lease
Manor
,
TX
Texas
Austin
Call for Details
$
2,550,000
.svg)
Call for Details
5.00
%
CAP Rate
Brand New 2025 Construction
with a Double Drive-Thru
High Visibility Along Hwy 290
within New Las Entradas North Development
4.52% Annual Population Growth Rate
within a 3-Mile Radius
Property details
- New 15-Year Absolute NNN Ground Lease to Bojangles
- 10% Rent Increases Throughout Primary Term & Options
- No Landlord Responsibilities
- Experience Operator with Personal Guarantors
- Brand New Construction with a Double-Drive Thru
- Rapidly-Expanding Quick-Service Southern Food Chain with More Than 825 Locations Across 17 States
- Robust Development Pipeline both Regionally and in New Markets, with Goal of 1,400 Locations within 5 Years
- Within New Las Entradas North Retail Development
- 10-Acre Development with Co-Tenants including Chuy's, Frost Bank, Einstein Bros., Action Behavior Centers, Brakes Plus, Decal Dental & More
- Adjacent to The Grand at Manor (272 Units) and Future Mixed-Use Development
- Prominent Location with Visibility and Signage on Hwy 290 (58,675 ADT)
- Neighbors Manor High School, Manor Middle School & Busy Bee Preschool
- Consistent Daily Traffic from Nearly 4,000 Total Students
- Rapidly-Growing Austin Suburb Experiencing Significant Residential & Commercial Development
- 4.25% Annual Population Growth Rate within 3 Miles
- Over 7 Million SF of Industrial Space Existing & Proposed within the Area
- Las Entradas Mixed-Use Development, Manor Crossing, Manor Point, Manor Commons Retail, Crossroads Logistics Center, St David's Healthcare Emergency Center & More
- Approximately 5.5 Miles from Samsung Austin Semiconductor (~3,000 Employees) & 10 Miles from Tesla Gigafactory (~20,000 Employees)
- Austin-Round Rock MSA is One of the Fastest-Growing Metros in the U.S.
- Population of 2.5 Million & MSA GDP of $248 Billion
- No State Income Tax in Texas
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387