Raising Cane's NNN Properties for Sale

10 live Raising Cane's listings as of October 7, 2026.

Raising Cane's cap rates by band

Live Raising Cane's listings by asking cap rate, as of October 7, 2026
Cap rate bandListingsAverage asking price
Under 5.00%7$4.49M
5.00% – 5.99%2$4.67M
6.00% – 6.99%1$3.50M

Raising Cane's listings by state

Live Raising Cane's listings by state, as of October 7, 2026
StateListingsAverage cap rate
Tennessee34.45%
California24.19%
Illinois24.60%
Louisiana15.25%
Ohio15.00%

Raising Cane's remaining lease term

Live Raising Cane's listings by remaining primary term, as of October 7, 2026
Remaining termListingsAverage cap rate
10 – 14.9 years64.54%
15+ years44.99%

Buying Raising Cane's in a 1031 exchange

In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.

10 of the 10 live Raising Cane's listings have 10 or more years of primary lease term remaining (as of October 7, 2026).

Raising Cane's due-diligence checklist

  • Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
  • Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
  • Order tenant estoppel and SNDA documents before closing.
  • Review the title commitment, survey and zoning report for the parcel.
  • Commission a Phase I environmental site assessment.
  • Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
  • Verify property tax, insurance and CAM reimbursements against the lease.
  • Review store-level sales or rent-to-sales data if the tenant reports it.

Raising Cane's net lease FAQ

How many Raising Cane's net lease properties are for sale?

Net Lease World shows 10 live Raising Cane's listings as of October 7, 2026.

What cap rates are Raising Cane's properties listed at?

Live Raising Cane's listings with a published cap rate range from 4.00% to 6.00%, with a median of 4.47% (as of October 7, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a Raising Cane's property?

The median asking price across live Raising Cane's listings with a published price is $4.22M (as of October 7, 2026).

Which states have the most Raising Cane's listings?

Tennessee (3), California (2), Illinois (2). Listings appear in 5 states in total (as of October 7, 2026).

How much lease term is left on Raising Cane's listings?

The median remaining primary lease term is 14.2 years; 10 listings have 10 or more years remaining (as of October 7, 2026).

Live Raising Cane's listings