August 18th, 2025

Arsenal Real Estate Advisors is pleased to announce the exclusive listing of a brand-new Bojangles at 18626 FL-54 in Lutz, Florida. The 3,138 SF property is offered at $3,700,000 with a 5.00% cap rate and a 15-year corporate-guaranteed NNN ground lease that includes scheduled rent increases, delivering investors long-term, passive income security.

Bojangles, a fast-growing quick-service restaurant brand with over 800 locations nationwide, is backed by its corporate entity Bojangles OpCo, LLC, providing strong operational oversight and credit security. The property is positioned along State Road 54 with over 67,000 vehicles per day and surrounded by established national retailers including Outback Steakhouse, CAVA, McDonald’s, Walgreens, and Fifth Third Bank. The surrounding Lutz market is marked by affluent demographics, rising household incomes, and proximity to the $1.6B Moffitt-anchored Speros FL innovation hub, a transformative development driving significant economic activity to the region.

For more information, please contact Scott Scurich at scott@arsenalrea.com or Hayden Salvas at hayden@arsenalrea.com.