Restaurant
Raising Cane's Ground Lease
5800 Sunnybrook Dr, Sioux City, IA 51106
Listing Price: $3,155,681
Investment Overview
Raising Cane’s is renowned for its fresh, never frozen chicken fingers, its crave-able secret-recipe Cane’s sauce, crinkle-cut fries, coleslaw, Texas toast, freshly brewed sweet tea and fresh-squeezed lemonade. There are currently over 1,000 Raising Cane's restaurants in 43 states, with many new restaurants under construction including its first Mexico restaurant this year and first UK restaurant in early 2027.
Sioux City serves as the economic hub of the tri-state region encompassing northwest Iowa, northeast Nebraska, and southeast South Dakota, known as Siouxland. The entire metropolitan area is home to roughly 144,000 residents, of which over 86,000 people reside within Sioux City.
Raising Cane's Ground Lease
Investment Highlights
- New 15-Year Absolute Triple-Net (NNN) Ground Lease
- High Quality 2025 Construction with a Drive-Thru
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Raising Cane's is One of the Fastest-Growing Restaurant Brands with 1,000 Plus Locations and Plans to Open 100 Locations in 2026
- Situated in a Busy Retail Corridor Surrounded by National Tenants: Target, Hobby Lobby, Lowe's Home Improvement, Marshalls, and More
- Down the Road from Lakeport Commons Shopping Center and Southern Hills Mall
- Average Household Income Exceeds $125,000 in the Immediate Area
- Easily Accessible Location Just Off US Highway 75 (Approximately 28,300 Cars per Day)
Broker of Record
Financing By
Listing Price: $3,155,681
Investment Highlights
- New 15-Year Absolute Triple-Net (NNN) Ground Lease
- High Quality 2025 Construction with a Drive-Thru
- 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Raising Cane's is One of the Fastest-Growing Restaurant Brands with 1,000 Plus Locations and Plans to Open 100 Locations in 2026
- Situated in a Busy Retail Corridor Surrounded by National Tenants: Target, Hobby Lobby, Lowe's Home Improvement, Marshalls, and More
- Down the Road from Lakeport Commons Shopping Center and Southern Hills Mall
- Average Household Income Exceeds $125,000 in the Immediate Area
- Easily Accessible Location Just Off US Highway 75 (Approximately 28,300 Cars per Day)
Investment Overview
Raising Cane’s is renowned for its fresh, never frozen chicken fingers, its crave-able secret-recipe Cane’s sauce, crinkle-cut fries, coleslaw, Texas toast, freshly brewed sweet tea and fresh-squeezed lemonade. There are currently over 1,000 Raising Cane's restaurants in 43 states, with many new restaurants under construction including its first Mexico restaurant this year and first UK restaurant in early 2027. Sioux City serves as the economic hub of the tri-state region encompassing northwest Iowa, northeast Nebraska, and southeast South Dakota, known as Siouxland. The entire metropolitan area is home to roughly 144,000 residents, of which over 86,000 people reside within Sioux City.
Broker of Record
Financing By
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