Restaurant
Raising Cane's
643 US-46, Fairfield, NJ 07004
Listing Price: $6,111,111
Cap Rate
4.50%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
2,862
Lease Type
Ground Lease
Rent Per Square Feet
$96.09
Investment Overview
NEW 2026 PROTOTYPE | HEALTHY RENT-TO-SALES RATIO | ESSEX COUNTY NJ – 30 MILES TO NY
Raising Cane's
Investment Highlights
- STRONG CORPORATE TENANT | ONE OF THE FASTESTGROWING QSR BRANDS IN THE U.S. • Raising Cane's operates 950+ locations nationwide and continues rapid expansion, with 100+ new units planned for 2026
- HEALTHY RENT-TO-SALES RATIO | PROVEN UNIT ECONOMICS • Raising Cane's operates at an average of $6.6M in sales per location, yielding apotential healthy 4.2% rent-to-sales ratio at this sit
- NEW CONSTRUCTION PROTOTYPE DRIVE-THRU | 1.45-ACRE LOT • Purpose-built, brand-new Raising Cane's prototype on a 1.45-acre lot, purpose-designed for drive-thru throughput and operational efficiency
Exclusively Listed By
Broker of Record
-
Jim McGuckin
Managing Director, Market Leader - New Jersey
Financing By
Listing Price: $6,111,111
Cap Rate
4.50%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
2,862
Lease Type
Ground Lease
Rent Per Square Feet
$96.09
Investment Highlights
- STRONG CORPORATE TENANT | ONE OF THE FASTESTGROWING QSR BRANDS IN THE U.S. • Raising Cane's operates 950+ locations nationwide and continues rapid expansion, with 100+ new units planned for 2026
- HEALTHY RENT-TO-SALES RATIO | PROVEN UNIT ECONOMICS • Raising Cane's operates at an average of $6.6M in sales per location, yielding apotential healthy 4.2% rent-to-sales ratio at this sit
- NEW CONSTRUCTION PROTOTYPE DRIVE-THRU | 1.45-ACRE LOT • Purpose-built, brand-new Raising Cane's prototype on a 1.45-acre lot, purpose-designed for drive-thru throughput and operational efficiency
Investment Overview
NEW 2026 PROTOTYPE | HEALTHY RENT-TO-SALES RATIO | ESSEX COUNTY NJ – 30 MILES TO NY
Exclusively Listed By
Broker of Record
-
Jim McGuckin
Managing Director, Market Leader - New Jersey
Financing By
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