Raising Cane’s Ground Lease
Single-Tenant Offerings
Raising Cane’s Ground Lease
9893 Hwy 92
Woodstock (Atlanta MSA), GA
- Price:
- $3,375,000
- Cap Rate:
- 4.15%
- NOI:
- $140,000
- Rentable SQFT:
- 2,691 SF
- Year Built:
- 2023
- Lot Size:
- 1.07 +/- Acres
- Lease Type:
- Ground Lease
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Ground Lease, 10% Increases Every 5 Years
- Corporate Guaranteed Lease, 705+ Locations with Approximately $3.5 Billion in Revenue
- Average Unit Sales for Raising Canes is Approximately $5.5 Million, One of the Leading QSR Brands in the U.S. by Sales Per Unit
- Brand New High-Quality Construction with a Double Drive-Thru
- First Freestanding Raising Canes in Cherokee County
- Serving Over 181,000 Residents in Rapidly Growing Atlanta Suburb
- Average Household Income Exceeds $104,000 within 3 Miles and $114,000 within 5 Miles
- Highly Visible Along Major Commercial Artery with 59,000+ Cars/Day, Access to Two Traffic Signals
- Easy Access to I-575 with 95,000+ Cars/Day, 30 Miles North of Downtown Atlanta
- Regional Retail Hub, Down the Street from Walmart, Sam’s Club, Target, Home Depot, Lowe’s, BJ’s, Publix, Kroger, Aldi, Kohl’s and More
- Just South of The Outlet Shoppes at Atlanta with 4 Million Annual Shoppers and Costco with 2 Million Annual Shoppers
- Strong Daytime Population, Over 54,000 Employees in Primary Trade Area
- Close Proximity to Kennesaw State University with Nearly 43,000 Students
- Surrounded by Several K-12 Schools with Over 12,000 Students
- 1.5 Miles to Downtown Woodstock with Over 3 Million Visitors Annually
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