2006 Southern Blvd SE | Rio Rancho, NM 87124
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- LoopNet Team
2006 Southern Blvd SE
Rio Rancho, NM 87124
Raising Cane's - Rio Rancho, NM · Retail Property For Sale
Investment Highlights
- New 2024 construction, corporate guarantee, Absolute Triple Net (NNN) Ground Lease with 14+ years remaining.
- Raising Cane’s recently reported $5.1B in revenue (2024) and $6.56M in average unit sales volume (2024).
- Ideally positioned on the corner of a signalized intersection in a “main and main” retail corridor, seeing 60,000+ vehicles per day.
- Raising Cane’s is one of the fastest-growing QSR chains in the U.S., with over 900 locations nationwide and plans to open 100 new stores coming soon.
- Long-term absolute triple net (NNN) ground lease (zero landlord responsibility), 10% rental increases every 5 years, and options to extend through the
- Oversized lot (1.30 AC) with excellent visibility, multiple points of access, and a double-lane drive-thru.
Property Facts
Property Type
Retail
Property Subtype
Building Size
6,792 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.30 AC
Zoning
Commercial - Commercial
Parking
45 Spaces (14.15 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
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