Raising Canes | Ground Lease

Highlights:

• • Raising Cane’s Restaurants, LLC recently executed a new 15 year lease
• • 10 percent rental increases every five years throughout the base term and options
• • Tenant responsible for taxes, insurance, CAM, roof, and structure
• • Located along State Highway 16 with 42,500 vehicles per day
• • Direct access to Interstate 90 with 41,500 vehicles per day
• • Outparcel to Valley View Mall anchored by Hy Vee, JCPenney, Barnes and Noble, and surrounded by Target, Walmart, Home Depot, Aldi, Kohl’s, and more
• • 62,733 residents within 5 miles

Description:

Mid America Real Estate Wisconsin, in conjunction with SRS Real Estate Partners National Net Lease, is pleased to present the opportunity to acquire the leased fee interest in a brand new Raising Cane’s absolute NNN ground lease located in Onalaska, Wisconsin within the La Crosse MSA. This newly constructed 3,036 square foot restaurant sits on a 0.92 acre outparcel to the 598,000 square foot Valley View Mall and features a brand new 15 year corporate lease with scheduled 10 percent rental increases every five years, offering investors durable income growth and zero landlord responsibilities.

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