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Restaurant

Corporate Raising Cane's - Near Walmart Headquarters

1402 S Walton Blvd, Bentonville, AR 72712

Listing Price: $6,355,555

Cap Rate
4.50%
Tenant Name
Raising Cane's
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
3,030
Lease Type
Absolute Net
Rent Per Square Feet
$94.39

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Raising Cane’s a single-tenant property located at 1402 South Walton Boulevard, Bentonville, Arkansas 72712. The subject property is comprised of 3,030 square feet, built-in 2018. The building sits on a large 1.05-acre lot situated at the intersection of SW 14th Street & S Walton Blvd which oversees 49,465 vehicles per day. Raising Cane’s has 11 years remaining on the corporate absolute-net lease with a 4.23% rental increase occurring in 2023 which will increase yield to 4.69%. Subject Property is located near the Walmart World Headquarters which has over 18,600 Employees. 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

  • Absolute-Net (Zero Landlord Responsibilities): 11 Years Remaining on Lease with with 4.23% Rental Increases Occurring in 2023 which will Increase Yield to 4.69%.
  • Near Walmart Home Office: 1/2 Mile from Raising Cane's Walmart Home Office has 18,600 Employees.
  • Strong Location & Excellent Visibility: Raising Cane's Just Off the Intersection of SW 14th Street & S Walton Boulevard for a Combined 49,465 Vehicles Per Day.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Financing By

Restaurant

Corporate Raising Cane's - Near Walmart Headquarters

Listing Price: $6,355,555

Cap Rate
4.50%
Tenant Name
Raising Cane's
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
3,030
Lease Type
Absolute Net
Rent Per Square Feet
$94.39

Investment Highlights

  • Absolute-Net (Zero Landlord Responsibilities): 11 Years Remaining on Lease with with 4.23% Rental Increases Occurring in 2023 which will Increase Yield to 4.69%.
  • Near Walmart Home Office: 1/2 Mile from Raising Cane's Walmart Home Office has 18,600 Employees.
  • Strong Location & Excellent Visibility: Raising Cane's Just Off the Intersection of SW 14th Street & S Walton Boulevard for a Combined 49,465 Vehicles Per Day.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Raising Cane’s a single-tenant property located at 1402 South Walton Boulevard, Bentonville, Arkansas 72712. The subject property is comprised of 3,030 square feet, built-in 2018. The building sits on a large 1.05-acre lot situated at the intersection of SW 14th Street & S Walton Blvd which oversees 49,465 vehicles per day. Raising Cane’s has 11 years remaining on the corporate absolute-net lease with a 4.23% rental increase occurring in 2023 which will increase yield to 4.69%. Subject Property is located near the Walmart World Headquarters which has over 18,600 Employees. 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.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

Financing By

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