Share This Listing

Message

921 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Drive Through Raising Canes Restaurant 1360 Travis Blvd 3,331 SF 4-Star Retail Building Fairfield, CA 94533 $2,900,000 ($870.61/SF) 4.66% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Brand New Built Drive Through Raising Cane's restaurant, 2024, for sale the fee simple ground lease interest.
Located at Solano Town Center, Fairfield, California
Corporate Guarantee from one of the top QSR chains
Raising Cane's chicken empire has 749 + locations and ranked among the best and most profitable quick service restaurants
This raising Cane's is equipped with the company's latest prototype design with it's new dual lane drive-thru, offering convenient and faster service
Long term net lease structure with zero landlord responsibility, 15 year prime lease, 3 five year options, and 1 four year renewal option
The lease offers 10% rental escalations every five years

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,331 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,900,000
Price Per SF
$870.61
Cap Rate
4.66%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.72 AC
Zoning
Restaurant - Restaurant

AMENITIES

  • Restaurant
  • Security System
  • Drive Thru
  • Accent Lighting
  • Recessed Lighting
  • Air Conditioning
Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
U.S. Bank
Chevys Fresh Mex
Marie Callender's Restaurant & Bakery
Red Lobster
Mel's Diner
The Habit Burger Grill
Sourdough & Co.
Applebee's
Trader Joe's
  • Listing ID: 31207654

  • Date on Market: 3/13/2024

  • Last Updated:

  • Address: 1360 Travis Blvd, Fairfield, CA 94533

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}