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Restaurant

Raising Cane's Ground Lease

9893 Hwy 92, Woodstock, GA 30188

Listing Price: $3,375,000

Cap Rate
4.15%
Tenant Name
Raising Cane's Ground Lease
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
2,691
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.03

Investment Overview

Marcus & Millichap is pleased to present the Raising Cane's Ground Lease in Woodstock, GA.

Investment Highlights

  • 15-Year Absolute NNN Ground Lease, 10% Increases Every 5 Years
  • Corporate Guaranteed Lease, 705+ Locations with Approximately $3.5 Billion in Revenue
  • Average Unit Sales for Raising Canes is Approximately $5.5 Million, One of the Leading QSR Brands in the U.S. by Sales Per Unit
  • Brand New High-Quality Construction with a Double Drive-Thru
  • First Freestanding Raising Canes in Cherokee County
  • Serving Over 181,000 Residents in Rapidly Growing Atlanta Suburb
  • Average Household Income Exceeds $104,000 within 3 Miles and $114,000 within 5 Miles
  • Highly Visible Along Major Commercial Artery with 59,000+ Cars/Day

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Restaurant

Raising Cane's Ground Lease

Listing Price: $3,375,000

Cap Rate
4.15%
Tenant Name
Raising Cane's Ground Lease
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
2,691
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.03

Investment Highlights

  • 15-Year Absolute NNN Ground Lease, 10% Increases Every 5 Years
  • Corporate Guaranteed Lease, 705+ Locations with Approximately $3.5 Billion in Revenue
  • Average Unit Sales for Raising Canes is Approximately $5.5 Million, One of the Leading QSR Brands in the U.S. by Sales Per Unit
  • Brand New High-Quality Construction with a Double Drive-Thru
  • First Freestanding Raising Canes in Cherokee County
  • Serving Over 181,000 Residents in Rapidly Growing Atlanta Suburb
  • Average Household Income Exceeds $104,000 within 3 Miles and $114,000 within 5 Miles
  • Highly Visible Along Major Commercial Artery with 59,000+ Cars/Day

Investment Overview

Marcus & Millichap is pleased to present the Raising Cane's Ground Lease in Woodstock, GA.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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