Raising Cane's Chicken Fingers

Highlights:

• High-Quality Tenant: Raising Cane’s, a leading fast-casual restaurant chain known for its chicken fingers, represents a high-quality tenant with a proven track record of success. As of 2024, the brand operates over 850 locations in the U.S. and internationally, demonstrating consistent growth and strong financial performance.
• Long-Term Triple-Net (NNN) Lease: This property is secured by a long-term, triple-net (NNN) lease with Raising Cane’s, offering a stable investment with zero landlord responsibilities. The original 15-year lease term is coupled with five-year renewal options, providing both security and flexibility for the future.
• Strong Lease Guarantor from Dominant Tenant: This property benefits from a strong lease guarantor in Raising Cane’s, a dominant tenant in the fast-casual dining sector. With its proven track record of steady growth, strong financials, and an expanding footprint across the U.S. and internationally, Raising Cane’s offers a reliable and secure tenant for any investor.
• High Visibility and Attractive VPD: The property at 1034 S Kirkwood Road boasts high visibility with over 33,000 vehicles passing by daily, making it an ideal location for attracting both foot and vehicle traffic. The prominent position along S Kirkwood Road, a major thoroughfare in the area, ensures consistent exposure to a large number of potential customers.

Description:

NNN Pro is pleased to present the exclusive listing for a Raising Canes Chicken Fingers located at 1034 S Kirkwood Road, Kirkwood, MO 63122. The site consists of roughly 2,724 rentable square feet of building space on an estimated 0.77-acre parcel of land. This Raising Canes Chicken Fingers is subject to a 15-year Triple Net (NNN) lease, which commenced 10/15/2015. The current annual rent is $246,220 and has scheduled increases every 5 years.

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