Oswald Cooke & Associates is pleased to present Bojangles located at 2711 Highway 52 in Moncks Corner available for purchase by a qualified buyer.This offering features a 15-year absolute NNN ground lease that commenced in April 2023, providing long-term income stability. The lease includes 7.5% rent increases every five years.The property consists of a 2,850 SF drive-thru building situated on 0.85 acre, strategically positioned at the entrance of Foxbank Plantation. This community features 2,800 planned residential units. Directly behind the site is Phase II and will include retail, commercial, and office space.The new Google Data Center is South of the site, a $3.3 billion investment into the facility. The town of Moncks Corner anticipates a 36% increase in job growth over the next 10 years.Nearby national retailers include Publix, McDonalds, Dunkin' Donuts, East Bay Deli, Wendy's, Valvoline and more--further affirming the area's strong retail presence and consumer traffic.
Anchored: No
Year Built: 2023
County: Berkeley
Land Size: 0.85
Title: Bojangles' Foxbank Plantation
Second Property Subtype: Retail
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $3,139,990
Property Use Type: Retail
Class Type: Retail
Rentable Area: 2850
Courtesy of listing office Oswald Cooke and Associates