Raising Cane's - NEW 4.1% Cap
New Raising Cane's in Palm Beach Florida. Ground Lease 13+ Years on Lease
Marketing description
Experience a prime investment opportunity with 100 N. State Rd 7, Royal Palm Beach, FL 33411. This property features a gross leasable area with a strong annual rent, and rent increases. Situated in a high-traffic area, this commercial space is strategically positioned to attract customers from the steadily growing surrounding population.
With a proven track record of success, Raising Cane’s, a rapidly expanding quick-service restaurant concept, is the anchor tenant at this location, ensuring consistent foot traffic and revenue. The property's neighborhood enjoys a flourishing population, with median incomes projected to rise through 2028.
Don't miss this chance to invest in a lucrative commercial property in a thriving area with great income potential. Contact us today to learn more about this exclusive investment opportunity before it's gone!
Investment highlights
- 1 Fastest growing fast-food chain in the US.
- Raising Cane's has over 749 locations with annual revenue exceeding $2.28B. Privately owned.
- Dense infill location with over 193K people in 5 miles radius & traffic counts exceeding 115k cars a day, over 42 million cars a year!
- This location ranks 8th in the state and within the top 20% nationwide for all Raising Canes.
- Over 235000 customer visits a year.
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