Raising Cane's 2781 Mannheim Rd 2,818 SF Retail Building Des Plaines, IL 60018 $3,592,000 ($1,274.66/SF) 5.15% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction Raising Cane’s ground lease located at 2781 Mannheim Road in Des Plaines, Illinois (the “Property”). The new construction building consists of a 2,818 square foot building with a dedicated drive through lane on a 1.09-acre parcel. Raising Cane’s has 14 years remaining on their Absolute NNN Ground Lease with five (5), five-year renewal options. The Lease calls for attractive rent increases of 10% every five years throughout the base term and at the start of each renewal option period. The new construction Raising Cane’s is situated along Mannheim Road (US Route 45), the area’s primary commercial corridor. The Property features outstanding frontage and visibility and enjoys convenient access to Interstate 90 and 294 as well as IL Route 72. The Property is seconds from Chicago’s O’Hare International Airport and the Allstate Areana, and is surrounded by national retailers, large office and industrial properties, and numerous nationally branded hotels, all of which drive traffic to the immediate area. Des Plaines is a city located in Cook County Illinois and is a northwestern suburb of Chicago. The village is located roughly 17 miles northwest of Chicago’s Central Business District and approximately 1 mile from O’Hare International Airport.