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Restaurant

Raising Cane's - Strong Retail Location | 7.18% Rent to Sales

919 S Clearview Pkwy, Elmwood, LA 70123

Listing Price: $5,430,000

Cap Rate
5.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
2,710
Lease Type
Absolute Net
Rent Per Square Feet
$100.16

Investment Overview

Prime Retail Location Located Across from the Elmwood Shopping Center with Over 1 Million Square Feet of Retail Only 8 Miles from New Orleans International Airport Over 284,000 Residents within 5 Miles of Subject Property Located on Retail Corridor Creating a Great Synergy between other National Brands such as Walmart, T.J. Maxx, Home Depot, Buffalo Wild Wings, Chipotle, Taco Bell, and Many More Corporate Guaranteed Lease Absolute NNN Lease with Zero Landlord Responsibilities – Ideal for Investors not Local to the Market Proven Location with the Tenant Occupying this Site Since 2006 Raising Cane’s has Over 500 Locations Raising Cane’s has an Average Unit Volume of $3,500,000+ in Sales Raising Cane’s Tenant is One of the Fastest Growing QSR Restaurants in the United States with Annual Revenue of $1.5B

Investment Highlights

  • Additional Locations Available - Please Contact Agents for More Details
  • Corporate Guaranteed Raising Cane's Restaurant | Low Rent to Sales Ratio of 7.18%
  • Located at Signalized Intersection with Traffic Counts Exceeding 60,000 Cars Per Day
  • Tenant Recently Extended Their Lease Which Demonstrates a Strong Commitment to the Site
  • Raising Canes has One of the Strongest Brand Loyalties in the State of LA | Raising Cane's is Headquartered in Baton Rouge, LA

Exclusively Listed By

Restaurant

Raising Cane's - Strong Retail Location | 7.18% Rent to Sales

Listing Price: $5,430,000

Cap Rate
5.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
2,710
Lease Type
Absolute Net
Rent Per Square Feet
$100.16

Investment Highlights

  • Additional Locations Available - Please Contact Agents for More Details
  • Corporate Guaranteed Raising Cane's Restaurant | Low Rent to Sales Ratio of 7.18%
  • Located at Signalized Intersection with Traffic Counts Exceeding 60,000 Cars Per Day
  • Tenant Recently Extended Their Lease Which Demonstrates a Strong Commitment to the Site
  • Raising Canes has One of the Strongest Brand Loyalties in the State of LA | Raising Cane's is Headquartered in Baton Rouge, LA

Investment Overview

Prime Retail Location Located Across from the Elmwood Shopping Center with Over 1 Million Square Feet of Retail Only 8 Miles from New Orleans International Airport Over 284,000 Residents within 5 Miles of Subject Property Located on Retail Corridor Creating a Great Synergy between other National Brands such as Walmart, T.J. Maxx, Home Depot, Buffalo Wild Wings, Chipotle, Taco Bell, and Many More Corporate Guaranteed Lease Absolute NNN Lease with Zero Landlord Responsibilities – Ideal for Investors not Local to the Market Proven Location with the Tenant Occupying this Site Since 2006 Raising Cane’s has Over 500 Locations Raising Cane’s has an Average Unit Volume of $3,500,000+ in Sales Raising Cane’s Tenant is One of the Fastest Growing QSR Restaurants in the United States with Annual Revenue of $1.5B

Exclusively Listed By

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