Stonecliff is pleased to present the fee-simple interest in a brand-new, single-tenant Bojangles located in Heath, Ohio. This property represents an exceptional investment opportunity due to its long-term lease, structured rental increases, and prime retail location. BOJ of WNC recently executed a new 16-year absolute NNN lease, featuring 7%
rental increases throughout the initial term and at the beginning of each of the three (5-year) renewal options, ensuring a steady and growing NOI while providing a hedge against inflation. The absolute NNN lease structure places all expenses—including CAM, taxes, insurance, and maintenance—on the tenant, eliminating landlord responsibilities and making this an ideal, management-free investment for passive, out-of-state buyers. Strategically positioned in a dense retail corridor, the property benefits from its proximity to major national retailers such as Raising Cane’s, Chase Bank, Old Navy, Aldi, and Red Lobster, as well as several anchor tenants including Lowe’s, Walmart, and Best Buy. Additionally, the site is located near Indian Mound Mall, home to AMC Theatre, JCPenney, and Dick’s Sporting Goods, further driving consistent consumer traffic. The off-corner location at Hebron Rd & South 20th Street, with a traffic count of 33,074 VPD, offers excellent visibility and accessibility