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Raising Cane’s | Mesa, AZ 1930 S Greenfield Rd 3,030 SF Retail Building Mesa, AZ 85206 $6,670,000 ($2,201.32/SF) 4.50% Cap Rate
Investment Highlights
- 20-year absolute NNN corporate lease; 11 years remaining
- Raising Cane’s has more than 900 locations in 45 states, and opened 100 locations across several new markets in 2025
- Prominent Exposure Along Greenfield Road (56,000 CPD)
- 10% increases every 5 years during the base term and each of the three 5-year options
- Rare Land and Building Investment Offering (Depreciable Asset)
- Dense, Affluent, High-Growth Demographics: $131,000 average household income within 1 mile
Executive Summary
Property Facts
Amenities
- Restaurant
- Drive Thru
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- $81.84
- Triple Net
- May 2037
Raising Cane's began in the mid-1990s as a chicken-finger restaurant concept built by Todd Graves, starting from a limited-menu idea centered on quality chicken finger meals. The company serves cooked-to-order chicken fingers with Cane's Sauce, crinkle-cut fries, Texas toast, coleslaw, freshly squeezed lemonade, and iced tea, and the business also extends into catering, gift cards and gear, and community partnerships. Raising Cane's has grown into a U.S. restaurant chain with a broad footprint and a focus on food service, branded merchandise, and community support programs. The brand's story also includes a dog namesake and a simple restaurant identity built around a narrow menu and a consistent dining experience.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $81.84 | Triple Net | May 2037 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 140-67-023A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $266,537 |
Property Taxes
