Raising Cane's NNN Property For Sale
This investment offers an opportunity to acquire a net-leased Raising Cane's property, a highly desirable asset in the quick-service restaurant sector. Raising Cane's is a rapidly expanding fast-food chain specializing in chicken fingers. The property features a long-term NNN lease with attractive rental escalations, providing a stable income stream for investors.
- Asking price $3.50M
- 6.00% cap rate
- NOI $200,000
- 20 years remaining
- NNN lease
- Building size: 3,000 SF
- Lot size: 1.00 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Asset type: Quick Service Restaurant (QSR)