By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.
INVESTMENT HIGHLIGHTS
One of the Fastest Growing Restaurant Chains in the US | $3+ Billion Company Raising Cane's is one of the fastest growing restaurant chains in the US with about 600 locations. As of 2022, the company saw systemwide sales increase from $1.46 billion to $3.11 billion, proving a successful tenant for investment.
Brand New Building with 15 Year Lease The Property was built in 2021 with the latest corporate branding and amenities. It features a 15 year lease with several options that will provide long term income.
Passive Income Opportunity | 10% Rental Increases | 5, 5 Year Renewal Options The Property features a corporate guaranteed lease with 10% rental increases every 5 years, and 5, 5 year renewal options. This creates passive income with a built-in hedge against inflation for the Landlord that extends as far as 2062.
Hyde Park Village | Brand New Development Raising Cane's will most certainly benefit from the Hyde Park mixed use development to be built next to the Property. Four developments in the project will add almost 1,200 residential units to an already 242 acre, master planned development. Additional restaurant and retail will drive more traffic to the area and Raising Cane's will attract visitors and residents alike.
Absolute NNN Ground Lease Raising Cane's is operating under a highly passive absolute NNN ground lease with zero landlord responsibilities.
Bustling Retail Corridor | 0.2 Miles from BJ's Wholesale Club | 15.2K Visits Per Week Raising Cane's sits in a new retail development surrounded by national tenants such as CVS, McDonald's, Starbucks and Shell. Additionally, the Property is adjacent to BJ's Wholesale Club, a newer wholesale distribution facility that sees 15.2K Visits per week on average, driving more traffic to the Property.
Affluent Demographics | $153K Annual HH Income | Over 116K 5 Mi Population The Property benefits from advantageous local demographics, with a steady increase of annual population growth and an average household income of $103K in a one mile radius, $144K in a 3 mile radius, and $153K in a 5 mile radius.
Busy Campus Parkway | About 1 Mi from I-69 Freeway | 36.8 M Annualized Traffic Count Campus Parkway is a busy street leading to the I-69 Freeway, seeing 31,014 vehicles per day, or about 11.3 million vehicles per year. Furthermore, with the Property's close proximity to I-69 Freeway, it benefits from the 70,013 vehicles per day, or 25.5 million vehicles per year nearby.
