Based out of Charlotte, North Carolina, Bojangles’ quick service restaurant has been serving up crispy and delicious fried chicken and buttermilk biscuits. Bojangles’ has over 750 locations in 14 states, predominantly in the southern part of the United States. Generally, the base term is 15 years with rental escalation of 10% every 5 years. As for the real estate Bojangles’ are located on, they can be found outside busy shopping centers, high traffic areas, and busy intersections. Of late, Bojangles has been a highly sought after investment given their loyal fan base and plans to expand.