Raising Canes


Property ID #: 19152
Tenant Name: Raising Canes
Street Address:
City: Phoenix
State: AZ
Zip:

COMPANY DESCRIPTION

Raising Cane’s, the fastest growing restaurant chain in 2017, is a nationally dominant quick-service restaurant chain that specializes in chicken finger meals. The Baton Rouge, Louisiana-based eatery opened its first restaurant in 1996 near the Louisiana State University campus and now has more than 363 locations in 24 states with plans to expand to over 600 by 2020 (including increasing revenue to $1.5+ billion in annual sales).

Sector: Quick-Service Restaurants (QSR)

FINANCIAL PROFILE

Price: $3,875,000
NOI:
Cap Rate: 4.00
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR

LEASE ABSTRACT

Lease Type: NNN
Years Remaining: 15
Initial Term Increases:
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options:
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2021
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 3500
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

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