Raising Cane's
NEW 2026 PROTOTYPE | HEALTHY RENT-TO-SALES RATIO | ESSEX COUNTY NJ - 30 MILES TO NYC
Investment highlights
STRONG CORPORATE TENANT | ONE OF THE FASTESTGROWING
QSR BRANDS IN THE U.S. | Raising Cane’s operates 950+ locations nationwide and continues rapid expansion, with 100+ new units planned for 2026
HEALTHY RENT-TO-SALES RATIO | PROVEN UNIT ECONOMICS | Raising Cane’s operates at an average of $6.6M in sales per location, yielding a potential healthy 4.2% rent-to-sales ratio at this site
NEW CONSTRUCTION PROTOTYPE DRIVE-THRU | 1.45-ACRE
LOT | Purpose-built, brand-new Raising Cane’s prototype on a 1.45-acre lot, purpose-designed for drive-thru throughput and operational efficiency
ABSOLUTE NNN GROUND LEASE | PASSIVE INVESTMENT | Tenant covers all taxes, insurance, and maintenance, offering a fully passive investment
PRIME RETAIL CORRIDOR | BEST-IN-CLASS LOCATION | Positioned adjacent to: (ranked by annual visitors in the state of NJ), Top 10% Target, #1 BJ’s Wholesale, Top 5% Costco, Top 15% Starbucks, The Willowbrook Mall anchored by Nordstrom, Bloomingdale’s, Macy’s & JCPenney
EXCEPTIONAL HIGHWAY ACCESS & VISIBILITY | ROUTE 46 | Direct Route 46 frontage with 58,000+ vehicles per day | Property sits at the interchange entrance and exit, delivering unmatched accessibility and daily traffic exposure
DENSE & AFFLUENT TRADE AREA | GROWTH MARKET | 232,000+ population within 5 miles and projected 4% population growth over the next 5 years - Average household income of $157,000 within 3 miles reflects a high spending consumer base
ATTRACTIVE INFLATION HEDGE | 10% RENTAL BUMPS EVERY 5 YEARS | Scheduled 10% rent escalations every 5 years throughout the base term and the 3, 5-year renewal options
LONG-TERM INCOME STABILITY | 14+ YEARS REMAINING | Significant lease term remaining, providing long-term predictable income
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