About This Restaurant
Investment Highlights
Executive Summary
Brand New Built Drive Through Raising Cane's restaurant, 2024, for sale the fee simple ground lease interest.Located at Solano Town Center, Fairfield, CaliforniaCorporate Guarantee from one of the top QSR chainsRaising Cane's chicken empire has 749 + locations and ranked among the best and most profitable quick service restaurantsThis raising Cane's is equipped with the company's latest prototype design with it's new dual lane drive-thru, offering convenient and faster serviceLong term net lease structure with zero landlord responsibility, 15 year prime lease, 3 five year options, and 1 four year renewal option The lease offers 10% rental escalations every five years
Property Details
- Sale Type Investment
- Sale Conditions Ground Lease (Leased Fee) Ground Lease (Leased Fee) Business Value Included Ground Lease (Leased Fee)
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Restaurant Fast Food
- Building Size 3,331
- Building Class A
- LoopNet Rating 4 Star
- Year Built 2024
- Construction Status Under Construction
- Price 3,000,000
- Price Per SF 901
- Cap Rate 4.50
- NOI 135,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.11
- Land Acres 0.72 AC
Amenities
- Restaurant
- Security System
- Drive Thru
- Accent Lighting
- Recessed Lighting
- Air Conditioning
Nearby Amenities & Transportation
| Retail | Johnny Carino's Italian | ||
| Retail | Famous Dave's | ||
| Retail | Mimi's Cafe | ||
| Retail | Panda Express | ||
| Retail | Wingstop | ||
| Retail | Buffalo Wild Wings | ||
| Retail | Five Guys | ||
| Retail | Trader Joe's | ||
| Retail | The Habit Burger Grill | ||
| Retail | Sourdough & Co. |
| Date Created: | 2024-07-16 04:09:23 | Last Updated: | 2024-07-16 04:09:23 |
| Address: | 1360 Travis Blvd , Fairfield, California, 94533 | ||