About This Restaurant
Investment Highlights
2022 Construction - Double Drive-Thru Lanes 41,746 CPD - Minutes from 91 and 15 Freeways Corporate Lease - 750+ Locations NNN Ground Lease - 12.4 Years Remaining Inland Empire Location - Retail Corridor Near Luxury Apartments 10% Rental Increases Every 5 Years - Next Increase in 2026
Executive Summary
Corporate Raising Cane?s lease ? one of the fastest growing restaurant brands with 750+ locations.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food General Retail Restaurant Freestanding
- Building Size 3,660
- Year Built 2022
- Price 6,823,000
- Price Per SF 1,864
- Cap Rate 4.25
- NOI 290,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 1.29 AC
Amenities
- Corner Lot
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Nearby Amenities & Transportation
| Retail | Alberto's Mexican Food | ||
| Retail | The Habit Burger Grill | ||
| Retail | Wingstop | ||
| Retail | Ono Hawaiian BBQ | ||
| Retail | Starbucks | ||
| Retail | Denny's | ||
| Retail | Winco Foods | ||
| Retail | Wells Fargo Home Mortgage | ||
| Retail | The Brass Tap | ||
| Retail | ALDI |
Property Taxes
| Parcel Number | 122-061-009 | Improvements Assessment | $1,546,027 |
| Land Assessment | $2,875,380 | Total Assessment | $4,421,407 |
| Date Created: | 2024-07-16 04:09:21 | Last Updated: | 2024-07-16 04:09:21 |
| Address: | 840 N Main St , Corona, California, 92878 | ||