RAISING CANE'S w/ DR-THRU | 15 YEAR ABSOLUTE NET GOUND LEASE
Retail | 4.50% CAP | 3,180 SqFt
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Investment highlights
Los Angeles Trophy Location - Generational Opportunity - 15-Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 Construction w/ Dual Drive-Thru.
Positioned Along Area’s Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. Signalized Hard Corner Location w/ Daily Combined Traffic Counts Exceeding 34k Vehicles.
In 2024, Raising Cane’s is Projected to earn more than $4.5 Billion in Systemwide Sales, eclipse $6 Million in AUV, and finish with more than 850 Restaurants.
The Site benefits from its Proximity to Major Highways and Public Transportation, making it Relatively Accessible to the Greater Los Angeles Metropolitan Area.
Pad to a Brand New Construction Target - Recent Grand Opening. The Home Depot, Located Across the Street, is in the Top 2% of Most Visited Home Depot Stores featuring over 1.55 Million Annual Visitors per Placer.ai.
Extremely Dense Los Angeles Submarket with over 1M People Residing in a 5-mile Radius. By 2025, the Population is Expected to Increase by 2.75% to an Estimated 19.4M People.
In Close Proximity to Interstate 710, 110, and Near other High-Traffic Highways providing Easy Connectivity to the Entire Metro Los Angeles Region.
Across all Industries & Sectors, the Greater Los Angeles Region is Responsible for more than $1 Trillion in Economic Output Annually - 3rd Largest Metro Economy in the World.
Across from Huntington Park High School - Providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
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