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Restaurant

Raising Cane's - Across from Walmart & Lowe's | 6.22% Rent to Sales

2395 Airline Dr, Bossier City, LA 71111

Listing Price: $5,065,000

Cap Rate
5.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
2,724
Lease Type
Absolute Net
Rent Per Square Feet
$92.95

Investment Overview

Prime Retail Location Located Directly Across from Walmart, Lowe’s, and Kroger Prime Location situated between Interstate 20 and Interstate 220 Located in Close Proximity to Barksdale Air Force Base, a 22,000-Acre Installation that is Home to Over 15,000 Active & Reserve Members Only 4 Miles from Downtown Shreveport and Bossier City Large ±1.10 Acre Parcel was Strategically Designed to Accommodate Big Rigs and Cargo Trucks to Park On Site while Dining at the Restaurant Over 90,000 Residents Within 5 Miles of the Subject Property Located on Retail Corridor Creating a Great Synergy between other National Brands such as Home Depot, Target, Sam’s Club, Best Buy, ULTA Beauty, Buffalo Wild Wings, Panda Express, Whataburger, T.J. Maxx, 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 2010 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

  • Corporate Guaranteed Raising Cane's Restaurant with Rare Double Drive-Thru | Low Rent to Sales Ratio of 6.22%
  • Located at the Corner of a Signalized Intersection with Traffic Counts Exceeding 42,000 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
  • Additional Locations Available - Please Contact Agents for More Details

Exclusively Listed By

Restaurant

Raising Cane's - Across from Walmart & Lowe's | 6.22% Rent to Sales

Listing Price: $5,065,000

Cap Rate
5.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
2,724
Lease Type
Absolute Net
Rent Per Square Feet
$92.95

Investment Highlights

  • Corporate Guaranteed Raising Cane's Restaurant with Rare Double Drive-Thru | Low Rent to Sales Ratio of 6.22%
  • Located at the Corner of a Signalized Intersection with Traffic Counts Exceeding 42,000 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
  • Additional Locations Available - Please Contact Agents for More Details

Investment Overview

Prime Retail Location Located Directly Across from Walmart, Lowe’s, and Kroger Prime Location situated between Interstate 20 and Interstate 220 Located in Close Proximity to Barksdale Air Force Base, a 22,000-Acre Installation that is Home to Over 15,000 Active & Reserve Members Only 4 Miles from Downtown Shreveport and Bossier City Large ±1.10 Acre Parcel was Strategically Designed to Accommodate Big Rigs and Cargo Trucks to Park On Site while Dining at the Restaurant Over 90,000 Residents Within 5 Miles of the Subject Property Located on Retail Corridor Creating a Great Synergy between other National Brands such as Home Depot, Target, Sam’s Club, Best Buy, ULTA Beauty, Buffalo Wild Wings, Panda Express, Whataburger, T.J. Maxx, 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 2010 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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