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Restaurant

Raising Cane's Ground Lease | Brand-New Corporate-Guaranteed 15-Year Lease | 100% Passive Income

2299 N Imperial Ave, El Centro, CA 92243

Listing Price: $5,058,824

Cap Rate
4.25%
Tenant Name
Raising Cane's Chicken Fingers
Years Remaining On Lease
15.0
Gross SF
2,846
Guarantor
Corporate Guarantee
Rentable SF
2,846
Price/Gross SF
$1,777.52
Lease Type
NNN Ground Lease
Rent Per Square Feet
$75.54

Investment Overview

This offering presents the opportunity to acquire a brand-new, corporate-guaranteed Raising Cane’s ground lease located at 2299 N Imperial Avenue in El Centro, California, featuring a newly constructed 2,846 square foot double drive-thru on a 0.92-acre outparcel to a Target- and Lowe’s-anchored shopping center with exceptional visibility and access within the region’s dominant retail corridor. The asset is secured by a 15-year absolute NNN lease with zero landlord responsibilities, generating $215,000 in net operating income with 10% rental increases every five years, providing predictable, passive income growth. Backed by one of the fastest-growing and highest-performing quick-service restaurant brands in the U.S., this investment combines strong real estate fundamentals, a high-credit tenant, and long-term stability in a primary commercial hub serving both the Imperial Valley and cross-border consumer base.

Investment Highlights

  • Zero landlord responsibility with a corporate-backed lease structure, providing fully passive, management-free income with no exposure to operating expenses or capital expenditures.
  • Newly developed, best-in-class construction with a modern double drive-thru design, minimizing near-term capital risk and appealing to long-term net lease investors.
  • $215,000 NOI with 10% rental increases every five years, providing predictable income growth and an attractive long-term hedge against inflation.
  • Strategically located as an outparcel to a Target- and Lowe's-anchored shopping center, offering exceptional visibility, strong traffic drivers, and positioning within El Centro's primary retail hub.

Exclusively Listed By

Restaurant

Raising Cane's Ground Lease | Brand-New Corporate-Guaranteed 15-Year Lease | 100% Passive Income

Listing Price: $5,058,824

Cap Rate
4.25%
Tenant Name
Raising Cane's Chicken Fingers
Years Remaining On Lease
15.0
Gross SF
2,846
Guarantor
Corporate Guarantee
Rentable SF
2,846
Price/Gross SF
$1,777.52
Lease Type
NNN Ground Lease
Rent Per Square Feet
$75.54

Investment Highlights

  • Zero landlord responsibility with a corporate-backed lease structure, providing fully passive, management-free income with no exposure to operating expenses or capital expenditures.
  • Newly developed, best-in-class construction with a modern double drive-thru design, minimizing near-term capital risk and appealing to long-term net lease investors.
  • $215,000 NOI with 10% rental increases every five years, providing predictable income growth and an attractive long-term hedge against inflation.
  • Strategically located as an outparcel to a Target- and Lowe's-anchored shopping center, offering exceptional visibility, strong traffic drivers, and positioning within El Centro's primary retail hub.

Investment Overview

This offering presents the opportunity to acquire a brand-new, corporate-guaranteed Raising Cane’s ground lease located at 2299 N Imperial Avenue in El Centro, California, featuring a newly constructed 2,846 square foot double drive-thru on a 0.92-acre outparcel to a Target- and Lowe’s-anchored shopping center with exceptional visibility and access within the region’s dominant retail corridor. The asset is secured by a 15-year absolute NNN lease with zero landlord responsibilities, generating $215,000 in net operating income with 10% rental increases every five years, providing predictable, passive income growth. Backed by one of the fastest-growing and highest-performing quick-service restaurant brands in the U.S., this investment combines strong real estate fundamentals, a high-credit tenant, and long-term stability in a primary commercial hub serving both the Imperial Valley and cross-border consumer base.

Exclusively Listed By

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