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Raising Cane’s | Gresham, OR 401-419 NW Burnside Rd 3,330 SF 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
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
BedMart Mattress Superstores is the largest family owned and operated mattress company in Oregon, Southwest Washington, and Hawai'i. For 26 years they've been transforming the lives of their customers, one night at a time! Being Bed Smart is about shopping smart for your new mattress. Sometimes, finding the right mattress can be confusing, frustrating, or maybe even awkward! At BedMart they want to help you Be Bed Smart when you shop for your new bedroom furniture. They promise to simplify your shopping experience by giving you all the information you need to know in order to make an informed buying decision, while offering the best services in the industry!
Columbia Bank began operations in 1993 in Tacoma, Washington, after a corporate reorganization. It expanded through strategic acquisitions of institutions like Bank of Astoria and Pacific Continental Bank. The bank provides consumer and business banking, loans, and wealth management services. After merging with Umpqua Holdings in 2023, it now operates under the Umpqua Bank brand in several Western states. The company emphasizes personalized service and community involvement while maintaining a significant market presence.
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 | |
|
Retailer | - | - | Triple Net | - | |
|
Finance and Insurance | - | - | - | - | |
|
Retailer | - | - | - | - | |
|
Information | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R337585 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $10,033,750 |
Property Taxes
Presented by
Raising Cane’s | Gresham, OR | 401-419 NW Burnside Rd
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