Skip to main content

Restaurant

Raising Cane's

3720 2nd Ave, Kearney, NE 68847

Listing Price: $4,366,842

Cap Rate
4.75%
Tenant Name
Raising Cane's
Years Remaining On Lease
0.4
Guarantor
Corporate Guarantee
Rentable SF
3,783
Lease Type
Absolute Net
Rent Per Square Feet
$54.72

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Raising Cane's a single-tenant property located at 3720 2nd Avenue, Kearney, NE 68847. The subject property is comprised of 3,783 square feet, built-in 2017. The building sits on a large 1.07 acre lot situated on 2nd Avenue which oversees 26,022 vehicles per day. Raising Cane's operates on an absolute-net lease with 15.5 years remaining and four, 5 year options to extend. Founded by Todd Graves in 1996, Raising Cane’s Chicken Fingers has more than 600 restaurants in 31 states, Bahrain, Kuwait, Saudi Arabia and the United Arab Emirates with multiple new restaurants under construction. The company has one love, quality chicken finger meals, and is continually recognized for its unique business model and customer satisfaction. Raising Cane’s vision is to grow Restaurants, serve their customers all over the world, and be brand for quality chicken finger meals. The company has found success through its quality staff, cool culture, and active community involvement.

Investment Highlights

  • Corporate Absolute-Lease: Raising Cane's Has 15.5 Years Remaining with Four, 5 Year Options.
  • Excellent Visibility and Access: Raising Cane's is Situated on 2nd Avenue which Oversees 26,022 VPD.
  • Two Blocks from Major Hospital: CHI Health Good Samaritan Hospital is within Walking Distance of Raising Canes; CHI has 245 Staffed Beds and 500+ Employees.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Financing By

Restaurant

Raising Cane's

Listing Price: $4,366,842

Cap Rate
4.75%
Tenant Name
Raising Cane's
Years Remaining On Lease
0.4
Guarantor
Corporate Guarantee
Rentable SF
3,783
Lease Type
Absolute Net
Rent Per Square Feet
$54.72

Investment Highlights

  • Corporate Absolute-Lease: Raising Cane's Has 15.5 Years Remaining with Four, 5 Year Options.
  • Excellent Visibility and Access: Raising Cane's is Situated on 2nd Avenue which Oversees 26,022 VPD.
  • Two Blocks from Major Hospital: CHI Health Good Samaritan Hospital is within Walking Distance of Raising Canes; CHI has 245 Staffed Beds and 500+ Employees.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Raising Cane's a single-tenant property located at 3720 2nd Avenue, Kearney, NE 68847. The subject property is comprised of 3,783 square feet, built-in 2017. The building sits on a large 1.07 acre lot situated on 2nd Avenue which oversees 26,022 vehicles per day. Raising Cane's operates on an absolute-net lease with 15.5 years remaining and four, 5 year options to extend. Founded by Todd Graves in 1996, Raising Cane’s Chicken Fingers has more than 600 restaurants in 31 states, Bahrain, Kuwait, Saudi Arabia and the United Arab Emirates with multiple new restaurants under construction. The company has one love, quality chicken finger meals, and is continually recognized for its unique business model and customer satisfaction. Raising Cane’s vision is to grow Restaurants, serve their customers all over the world, and be brand for quality chicken finger meals. The company has found success through its quality staff, cool culture, and active community involvement.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

Financing By

MM Texture Background
MM Textured Background Lower