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Restaurant

Raising Cane's - 5.26% Rent to Sales | Traffic Counts of 41k+ CPD

1335 S Union St, Opelousas, LA 70570

Listing Price: $3,390,000

Cap Rate
5.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
3,000
Lease Type
Absolute Net
Rent Per Square Feet
$56.47

Investment Overview

Prime Retail Location Located Right Off of Interstate 49 Connecting Lafayette and Shreveport Evangeline Downs Racetrack & Casino is located within 2 Miles of the Subject Property Opelousas, LA is a Bedroom Community to Lafayette, LA Located on the Main Retail Corridor Creating a Great Synergy between other National Brands such as Walmart, Home Depot, Harbor Freight Tools, Taco Bell, Burger King, Wendy’s, McDonald’s, 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 2009 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 | Low Rent to Sales Ratio of 5.26%
  • Located at Signalized Intersection with Traffic Counts Exceeding 41,600 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 - 5.26% Rent to Sales | Traffic Counts of 41k+ CPD

Listing Price: $3,390,000

Cap Rate
5.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
3,000
Lease Type
Absolute Net
Rent Per Square Feet
$56.47

Investment Highlights

  • Corporate Guaranteed Raising Cane's Restaurant | Low Rent to Sales Ratio of 5.26%
  • Located at Signalized Intersection with Traffic Counts Exceeding 41,600 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 Right Off of Interstate 49 Connecting Lafayette and Shreveport Evangeline Downs Racetrack & Casino is located within 2 Miles of the Subject Property Opelousas, LA is a Bedroom Community to Lafayette, LA Located on the Main Retail Corridor Creating a Great Synergy between other National Brands such as Walmart, Home Depot, Harbor Freight Tools, Taco Bell, Burger King, Wendy’s, McDonald’s, 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 2009 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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