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Restaurant

Raising Cane's Ground Lease

10576 Fremont Pike, Perrysburg, OH 43551

Listing Price: $3,125,000

Cap Rate
4.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
3,600
Lease Type
Ground Lease
Rent Per Square Feet
$34.72

Investment Overview

Brand new construction corporate guaranteed Raising Cane's ground lease in Toledo, OH. The property is under construction with opening expected in Q3 2022. It is located as an outparcel to a premium new retail development and surrounded by national retailers including Kroger, Walmart, Lowe's, Hobby Lobby and Target among many others. It is one mile from the only Amazon distribution facility in the regional and situated at a signalized intersection which sees 38,700 vehicles per day.

Investment Highlights

  • Brand New Construction Raising Cane's Corporate Guaranteed Ground Lease with 15 Years Remaining in Perrysburg (Toledo MSA), OH
  • Outparcel to French Quarter Square, A Premium 40,000+ Square Foot Multi-Building Retail Redevelopment
  • Situated at Signalized Intersection on State Route 20 (38,700 Cars per Day) and Less than One Quarter Mile from Interstate 75 (67,500 Cars per Day)
  • Attractive 10% Rental Increases Every Five Years of Base Term and in Each of the Five, Five-Year Options
  • New Prototype Construction with Double Drive-Through Lanes
  • Strong/Affluent Demographics: 79,076 Residents and Average Household Income of $92,748 Within Five Miles

Exclusively Listed By

Restaurant

Raising Cane's Ground Lease

Listing Price: $3,125,000

Cap Rate
4.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
3,600
Lease Type
Ground Lease
Rent Per Square Feet
$34.72

Investment Highlights

  • Brand New Construction Raising Cane's Corporate Guaranteed Ground Lease with 15 Years Remaining in Perrysburg (Toledo MSA), OH
  • Outparcel to French Quarter Square, A Premium 40,000+ Square Foot Multi-Building Retail Redevelopment
  • Situated at Signalized Intersection on State Route 20 (38,700 Cars per Day) and Less than One Quarter Mile from Interstate 75 (67,500 Cars per Day)
  • Attractive 10% Rental Increases Every Five Years of Base Term and in Each of the Five, Five-Year Options
  • New Prototype Construction with Double Drive-Through Lanes
  • Strong/Affluent Demographics: 79,076 Residents and Average Household Income of $92,748 Within Five Miles

Investment Overview

Brand new construction corporate guaranteed Raising Cane's ground lease in Toledo, OH. The property is under construction with opening expected in Q3 2022. It is located as an outparcel to a premium new retail development and surrounded by national retailers including Kroger, Walmart, Lowe's, Hobby Lobby and Target among many others. It is one mile from the only Amazon distribution facility in the regional and situated at a signalized intersection which sees 38,700 vehicles per day.

Exclusively Listed By

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