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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

Absolute NNN Ground Lease with a Double Drive-Thru | Brand-New 15-Year Corporate-Guaranteed Lease | Rental Increases Every 5 Years | Only Drive-Thru Location in Oregon | Oversized 1.8-Acre Parcel | Portland MSA; 235,000 Residents, $100,000 AHHI within 5 Miles

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,330 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Triple Net
  • -

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.

  • Finance and Insurance
  • -
  • -
  • -
  • -

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.

  • Retailer
  • -
  • -
  • -
  • -

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.

  • Information
  • -
  • -
  • -
  • -

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
Retailer - - Triple Net -
Finance and Insurance - - - -
Retailer - - - -
Information - - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

Black Bear Diner
Red Lobster
Applebee's
KeyBank
Dutch Bros
LA Fitness
Dotty's
Starbucks
Black Rock Coffee Bar
Safeway

Property Taxes

Property Taxes

Parcel Number
R732658
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,179,140
  • Listing ID: 40991319

  • Date on Market: 6/19/2026

  • Last Updated:

  • Address: 40 NW Burnside Rd, Gresham, OR 97030

Contact the Sale Advisor

Raising Cane’s | Gresham, OR | 40 NW Burnside Rd

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