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CORPORATE BOJANGLES
SUBLEASE PURPLE ONION  
|  $1,900,000 | 9.20% CAP

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The Deltondo Group and Marcus & Millichap are pleased to present for sale Corporate Bojangles subleased to Purple Onion a single-tenant property located at 3318 Rainbow Drive, Rainbow City, AL 35906. The lease is backed by a Bojangles corporate guaranty with 4.75 Years of reamaining term. The absolute-net lease has 1.50% annual increases. Subject Property is situated on Rainbow Drive which passed by over 28,150 vehicles per day.

A great opportunity to re-tenant or redevelop in under 5 years. A large 4,090 SF building on a 1.52 acre lot with drive-thru. Subject Property is surrounded by many national tenants such as: BigLots!, Winn Dixie, Publix, Goodwill, CVS, Honey Baked Ham, Dollar General, Dollar Tree, Sonic, Wendy's, Burger King, and Many More.

PRESENTED BY:

PETER DELTONDO
Founder, Deltondo Advisory Group
(949) 698-2609
pdeltondo@marcusmillichap.com

BROKER OF RECORD
Eddie Greenhalgh
License: 000088298-0

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