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9375 Dayton Pike, Soddy-Daisy, TN, 37379

Bojangles
$2,942,052

Key Information

Cap Rate
6.75%
Tot. SF
3,870
Year Built
2000
Term Remaining
±5.4 YRS
Type
Retail

Highlights

  • Absolute NNN Lease with Zero Landlord Responsibilities: The property is leased on an absolute triple-net basis, providing investors with a true passive income opportunity and no landlord management obligations.
  • Strategic Location Adjacent to National Retailers: Positioned along Dayton Pike in Soddy-Daisy, the property is surrounded by major national retailers including Walmart, CVS, and Walgreens.
  • Long-Term Corporate Lease: Bojangles operates under a 10-year corporate-guaranteed lease, featuring 7.5% rent increases every 5 years and three additional 5-year renewal options, ensuring stable long-term cash flow.
  • Strong National Tenant: Founded in 1977 and headquartered in Charlotte, NC, Bojangles operates 800+ locations nationwide. The tenant’s established brand recognition and proven business model provide strong credit and reliability.
  • Attractive Demographics & Affluent Trade Area: Within a 5-mile radius, the population exceeds 39,000 with an average household income of $99,000, supporting strong consumer demand and long-term retail viability.
  • Modern Construction on a Large Parcel: Built in 2016, the ±3,870 SF building sits on ±1.53 acres, featuring drive-thru capability and high visibility along Dayton Pike, a well-traveled corridor serving both local residents and regional traffic.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203