Raising Canes & Starbucks
BRAND NEW CONSTRUCTION | CORPORATE LEASES | ESSEX COUNTY NJ – 30 MILES TO NYC
Investment highlights
NEW CONSTRUCTION PROTOTYPE W/ DRIVE-THRUS | 3.30-ACRE LOT
• Purpose-built, brand-new Raising Cane’s on a 1.45-acre lot and Starbucks on a 1.85-acre lot, purpose-designed for drive-thru throughput and operational efficiency
EXCEPTIONAL HIGHWAY ACCESS & VISIBILITY | ROUTE 46
• Direct Route 46 frontage with 37,000+ vehicles per day
• Property sits at the interchange entrance and exit, delivering unmatched accessibility and daily traffic exposure
STRONG CORPORATE GUARANTEES | MINIMAL LANDLORD RESPONSIBILITIES | PASSIVE INVESTMENT
• Raising Cane’s: True NNN Ground lease structure with zero landlord responsibilities
• Starbucks: NN lease structure – Landlord responsible for roof/structure
DENSE & AFFLUENT TRADE AREA | GROWTH MARKET
• 232,000+ population within 5 miles and projected 4.8% population growth over the next 5 years
• Average household income of $157,000 within 3 miles reflects a high-spending consumer base
RAISING CANE’S | ONE OF THE FASTEST-GROWING QSR BRANDS IN THE U.S.
• Raising Cane’s operates 900+ locations nationwide and continues rapid expansion, with 100+ new
units planned for 2026
ATTRACTIVE INFLATION HEDGE | 10% RENTAL BUMPS EVERY 5 YEARS
• Scheduled 10% rent escalations every 5 years throughout the base term and the renewal options
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
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?



