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Raising Cane’s | Gresham, OR 40 NW Burnside Rd 3,330 SF 100% Leased Retail Building Gresham, OR 97030 For Sale



Investment Highlights
- Raising Cane’s Chicken Fingers – Absolute NNN Ground Lease
- Oversized 1.8 acre parcel; double-drive thru location
- Raising Cane’s posted $5.1 billion in systemwide sales in 2024, up 33% year-over-year, with same-store sales increasing 15%
- New 15-year corporate-guaranteed lease with 10% rental increases every 5 years
- Only drive-thru format Raising Cane’s in Oregon; 2nd overall location in the state
- #2 average unit volume in fast food: average unit-level sales of 6.6 million are more than double the QSR peer average
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
BedMart began in Oregon as a family-owned mattress store and has grown into a retailer of mattresses, furniture, and sleep products. The company sells mattresses, adjustable beds, bedroom furniture, living room furniture, and home décor through online and in-store channels. BedMart also provides delivery options, payment programs, and a mattress exchange program. Community giving has been part of the business since its early years, with support for local organizations and neighborhood initiatives.
Columbia Bank began in 1993 as part of Columbia Banking System in Washington. The company provides personal and business banking services, including checking and savings accounts, home loans, and commercial banking solutions, and also offers wealth management, treasury management, and leasing services. After combining with Umpqua Bank, the bank unified under the Columbia brand and broadened its regional reach across the western United States. Columbia Bank now serves families and businesses through a mix of branch, digital, and relationship-based banking services.
Natural Grocers is a U.S.-based grocery retailer specializing in natural and organic foods, dietary supplements, and eco-friendly household products. It runs a network of stores across multiple states, offering a curated selection of organic produce, natural body care, pet products, and nutritional education resources. The company emphasizes sustainability and affordability, maintaining strict product quality standards and providing educational programs to promote healthy lifestyles. Natural Grocers is publicly traded on the New York Stock Exchange under the ticker symbol NGVC. Over the decades, the brand has grown from a family-run business into a recognized name in the natural grocery sector, continuing to expand its footprint while supporting community health initiatives.
Deutsche Telekom AG provides fixed-network/broadband, mobile communications, Internet, and IPTV products and services for consumers, and information and communication technology (ICT) solutions for business and corporate customers. Deutsche Telekom is present in many countries. Today, they are developing from a classic telephone company into a service company of a completely new type: the software company that sells telecommunications services. Because only a Telekom that is digitalised in all areas can continue the successful path of the past years. With their presence in Europe and the USA, they are ideally positioned for this. They want to become the leading digital telco. The core business, i.e. the operation and sale of networks and connections, will remain the basis.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | - | - | Triple Net | - | |
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Finance and Insurance | - | - | - | - | |
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Retailer | - | - | - | - | |
|
Information | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R732658 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,179,140 |
Property Taxes
Contact the Sale Advisor
Raising Cane’s | Gresham, OR | 40 NW Burnside Rd
