Bojangles | Eastern SC

Investment Overview

Trinity Partners is proud to serve as exclusive advisor to ownership and present to the marketplace this absolute net lease quick-service restaurant (QSR) investment opportunity in Kingstree, South Carolina. Bojangles is a leading QSR brand with nearly 900 locations across 25 states and internationally. Founded in 1977 in Charlotte, North Carolina, the company is known for its Southern-inspired menu and drive-thru focused operating model. The Property consists of a ~2,400 SF building with a double drive-thru and dining room on ~0.7 acres at the corner of N Longstreet Street and W Mill Street. It benefits from high visibility along Kingstree’s primary traffic corridor. There are 23 total parking spaces and two full access points. The NNN lease commenced in January 2026 and features an 11-year primary term with multiple renewal options. Annual rent starts at $86,281 with 10% rent bumps every 5 years throughout primary term and option periods. The tenant, Melanbo, is a prominent franchisee group based in Atlanta operating locations across Georgia, South Carolina, and North Carolina.

Investment Highlights

• 11-year absolute NNN lease (zero LL responsibility) commenced January 2026 providing passive ownership and stable long-term cash flow
• Below average QSR rent and 10% bumps every 5 years throughout initial term and 3 option periods providing attractive NOI growth and an inflation hedge
• Bojangles is one of the Southeast’s leading quick-service restaurant brands with nearly 900 locations across 25 states and an expanding national footprint
• Top rated franchisee operator with plans to develop over 30 locations across Georgia, South Carolina, and North Carolina
• Highly visible restaurant positioned along Kingstree’s primary commercial corridor, benefiting from strong local traffic and accessibility
• Kingstree serves as the county seat of Williamsburg County and the dominant retail and service hub for the surrounding trade area
• Limited QSR competition within the trade area, supporting strong local market share capture and repeat customer demand
• Strategic regional location within central South Carolina with access to surrounding communities and countywide demand drivers