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Restaurant

Raising Cane's - Recently Extended Lease | Traffic Counts of 36k+ CPD

1046 Kings Hwy, Shreveport, LA 71104

Listing Price: $5,960,000

Cap Rate
5.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
3,530
Lease Type
Absolute Net
Rent Per Square Feet
$84.44

Investment Overview

Prime Retail Location Located 3 Blocks East of LSU Health Shreveport Medical Center with 400+ Beds Located Right Off Interstate 49 with a Traffic Count Over 77,000 Cars Per Day Located in Close Proximity to Shreveport Downtown Airport (DTN) Only 3 Miles from Downtown Shreveport and Bossier City Large ±1.14 Acre Parcel Over 156,000 Residents within 5 Miles of Subject Property 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

  • Corporate Guaranteed Raising Cane's Restaurant
  • Located at the Corner of a Signalized Intersection with Traffic Counts Exceeding 30,000 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 - Recently Extended Lease | Traffic Counts of 36k+ CPD

Listing Price: $5,960,000

Cap Rate
5.00%
Tenant Name
Raising Cane's
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
3,530
Lease Type
Absolute Net
Rent Per Square Feet
$84.44

Investment Highlights

  • Corporate Guaranteed Raising Cane's Restaurant
  • Located at the Corner of a Signalized Intersection with Traffic Counts Exceeding 30,000 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 3 Blocks East of LSU Health Shreveport Medical Center with 400+ Beds Located Right Off Interstate 49 with a Traffic Count Over 77,000 Cars Per Day Located in Close Proximity to Shreveport Downtown Airport (DTN) Only 3 Miles from Downtown Shreveport and Bossier City Large ±1.14 Acre Parcel Over 156,000 Residents within 5 Miles of Subject Property 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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