JUST LISTED – Raising Canes in Minneapolis MSA
Raising Canes in Minneapolis MSA | Strong Store Sales | Trophy Freeway Location
Marketing description
» STRATEGICALLY POSITIONED OFF HWY 610 EXIT/OFF-RAMP
The property benefits from a strategic location directly off the exit ramp of State Highway 610, providing immediate access for both commuter and local traffic. With approximately 85,755 vehicles per day along the corridor, the site captures strong drive-by visibility and convenient ingress and egress from one of the region’s primary east–west thoroughfares.
» PRIME SIGNALIZED HARD CORNER AT KEY RETAIL INTERSECTION
Raising Cane’s is prominently positioned at the signalized hard corner of State Highway 610 and Zane Avenue N, offering excellent frontage and visibility along a heavily traveled retail intersection. With combined daily traffic counts exceeding 28,778 vehicles, the site benefits from strong exposure, controlled access, and consistent traffic generated by the surrounding Brooklyn Park commercial corridor.
» HIGH-VISIBILITY RETAIL CORRIDOR WITH STRONG RETAIL SYNERGY
The property is located along a primary commuter thoroughfare connecting dense residential neighborhoods with established retail centers and employment hubs. Surrounded by national retailers, grocery anchors, service providers, and complementary quick-service brands, the site benefits from strong retail synergy and consistent daily consumer traffic, supporting sustained drive thru demand and long-term tenant performance.
» OVERSIZED 1.85 ACRE HARD-CORNER LOT
Situated on a generous 1.85-acre parcel, the property offers ample parking, efficient ingress and egress, and optimal drive-thru circulation — a critical component of Raising Cane’s high-volume operational model. The site layout supports smooth traffic flow and peak-hour efficiency.
» STRONG EMPLOYMENT DRIVERS & FAVORABLE DEMOGRAPHICS
The property is positioned within a dense suburban trade area surrounded by established single-family neighborhoods, multifamily communities, schools, and continued residential expansion. Within a three-mile radius, the area includes approximately 85,185 residents and more than 30,000 housing units, providing a stable and reliable consumer base for daily quick-service restaurant demand. The broader Minneapolis–St. Paul metropolitan area provides a highly diversified economic base anchored by healthcare, logistics, manufacturing, education, and major corporate headquarters, supporting long-term employment stability and sustained consumer spending. The trade area also benefits from strong household incomes, with average household income exceeding $153,000 within one mile and $127,000 within three miles, aligning closely with Raising Cane’s core customer demographic and reinforcing durable long-term sales performance for the location.
» STABLE, HIGH-QUALITY MIDWEST SUBMARKET
The Twin Cities metro remains one of the Midwest’s most stable and economically diversified regions. Continued suburban growth, low retail vacancy, and long-term infrastructure investment reinforce durable real estate fundamentals and support sustained tenant performance over the life of the lease.
Investment highlights
THE OFFERING
Completed in 2021, this Raising Cane’s is situated on a prominent 1.85- acre parcel in Brooklyn Park, Minnesota and features a 3,384 SF modern prototype designed for high-volume efficiency, including a dual-lane drive thru configuration that maximizes throughput and operational performance. The property is secured by a 15-year absolute NNN corporate-guaranteed ground lease with Raising Cane’s Restaurants, LLC, commencing September 2, 2021 and extending through September 30, 2036, with more than 10 years of remaining lease term. The lease structure provides zero landlord responsibilities and includes 10% rent escalations every five years, delivering durable, inflation protected income backed by one of the fastest-growing quick-service restaurant brands in the United States.
LEASE/TENANT
» CORPORATE-BACKED LONG-TERM LEASE
Leased to Raising Cane’s Restaurants, LLC under a 15-year absolute NNN ground lease, providing predictable long-term income supported by a nationally recognized, high-growth quick-service restaurant operator with strong brand loyalty and industry-leading unit volumes.
» ABSOLUTE NNN GROUND LEASE
Zero landlord responsibilities for operating expenses, maintenance, roof, structure, or capital expenditures — offering truly passive, management-free ownership.
» LOW GROUND RENT / ATTRACTIVE RENT GROWTH
The lease features highly favorable, below-market ground rent with contractual 10% increases every five (5) years.
» CERTIFIED TRAINING SITE | STRONG SALES | LOW RENT-TO-SALES
Elite designation reserved for high-performing Raising Cane’s locations, reflecting strong store sales and operational excellence. A low rent-to-sales ratio further highlights healthy unit economics. Contact broker for details.
» HIGH-GROWTH QSR LEADER | STRONG AUVS & DRIVE-THRU PERFORMANCE
Raising Cane’s is one of the fastest-growing quick-service restaurant concepts in the country, known for its focused operating model, strong average unit volumes, and best-in-class drive-thru execution. The company continues disciplined national expansion while maintaining strong brand loyalty and sales productivity.
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