Raising Cane's | Land & Building | Depreciable Asset
Corporate Guarantee | Rare Westport Drive-Thru
Marketing description
Raising Cane’s Chicken Fingers at 4040 Mill Street, Kansas City, MO 64111 presents a rare opportunity to acquire a corporate single-tenant net-leased asset in the heart of Westport, one of Kansas City’s most dynamic entertainment and dining districts. This approximately 3,250-square-foot freestanding building sits on approximately 37,462 square feet of fee simple land and is 100% occupied under an absolute NNN lease with zero landlord responsibilities. Backed by a corporate guarantee from Raising Cane’s Restaurants, LLC, the investment offers stable cash flow with current NOI of $252,350 and scheduled 10% rent increases every five years. The property benefits from exceptional visibility, strong surrounding density, and steady traffic generated by nearby Westport nightlife, residential neighborhoods, hotels, major retailers, the University of Missouri-Kansas City, and the KU Medical Center. Adding to its appeal, drive-thru sites in this area are extremely limited, making this location especially valuable for quick-service restaurant operators.
Investment highlights
• Long-Term Corporate Single-Tenant NNN Investment - Land & Building
- Absolute NNN Lease - Zero Landlord Responsibilities
- Corporate Guarantee from Raising Cane’s Restaurants, LLC
- Approx. 975+ Locations across 42 States
- $4.96 Billion System Wide Sales (2025 QSR Top 50)
- $6.56M Average Unit Volume (2025 QSR Top 50)
• Prime Location in Westport - Kansas City’s Premier Entertainment District
• Exceptional Demographics and Institutional Density
- University of Missouri-Kansas City - 15,000+ Students
- University of Kansas Health System - KU Medical Center - 1.2 Miles West
• Ideal Synergy from Surrounding Residential, Medical, and Entertainment
- All day, all week demand from consumers with lunch, dinner and late night
consumers constantly in proximity of the subject property
• Extremely Rare Drive-Thru Use Adjacent to Westport Overlay District
- Drive-Thru’s are not permitted in the Westport Overlay District making the subject property an extremely rare and desirable site for QSR operators
• Fee Simple - Land & Building - Depreciable Asset
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