Net Lease Raising Cane’s Property Profile and Cap Rates

Net Lease Raising Cane’s – Typical Property and Lease Terms

 

Price Range:	$2.5M - $4.5M
Cap Rate:	5.75% - 6.25%
Net Income:	$150,000 - $250,000
Price Per foot:	$800 PSF - $1,300 PSF
Building Size:	2,500 SF - 3,500 SF
Lot Size:	1 Acre
Escalations:	10% Every 5 Years
Lease Term:	20 Years
Lease Type:	NNN
Credit Rating:	NR

 

Tenant Company Information:

Raising Cane’s Chicken Fingers (also called Raising Cane’s) is a fast-food restaurant chain specializing in chicken fingers founded in Baton Rouge, Louisiana by Todd Graves and Craig Silvey on August 26, 1996

 

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