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29911 Antelope Rd
Menifee, CA 92584
Raising Cane's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,314 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.85 AC
Zoning
S-P
Frontage
113’ on Antelope Rd

ABOUT 29911 ANTELOPE RD , MENIFEE, CA 92584

• Corporate Lease with National Credit Tenant – Corporate lease with Raising Cane’s on a 15-year ground lease term with 10% rental increases every five years including the option periods » Raising Cane’s is a privately held restaurant chain, with over 400 locations in 23 states and 5 countries, and a 2016 revenue of approximately $1 billion • New Construction Grocer Anchored Shopping Center – Raising Cane’s joins anchor LA Fitness in opening the brand-new Menifee Lakes Plaza, currently under construction, the approximately 138,000 SF shopping center will include regional and national tenants such as Baron’s Market, Tuesday Morning, Kahoot’s Pet Store, Banner Mattress, Coffee Bean and Tea Leaf, Blaze Pizza, Schools First Credit Union, Café Rio, Jamba Juice, Waba Grill, and Chevron to name a few • Freeway Exposure – Raising Cane’s is ideally located along Interstate-215 (97,000 cars per day), providing visibility for over 1,200 feet of highway frontage to commuter traffic • Pride of Ownership Asset – High quality, new construction—a great addition to any real estate portfolio

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
340-620-018
Land Assessment
$1,238,223
Improvements Assessment
$3,223,848
Total Assessment
$4,462,071
  • Listing ID: 14447958

  • Date on Market: 11/20/2018

  • Last Updated:

  • Address: 29911 Antelope Rd, Menifee, CA 92584

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