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Raising Cane's 5301 US 280 3,031 SF 4-Star Retail Building Birmingham, AL 35242 $4,130,000 ($1,362.59/SF) 4.60% Cap Rate
Investment Highlights
- Premier Retail Corridor | Walmart Outparcel in Affluent AL Market – Positioned along Hwy 280 with 63,230 VPD, offering exceptional visibility
- Affluent Homewood (Birmingham) Demographics | High-Growth Market – Located in Southwest Birmingham
- Strong Tenant Performance & Growth – Raising Cane’s is the 3rd largest chicken chain in the U.S. with 800+ locations
- Surrounded by National Retailers – including Walmart, Lowe’s, Publix, Target, Chick-fil-A, Chipotle, HomeGoods, Culver’s & more
- Median HH Income: $107,590 | 2030 Population Growth: 6.78%
- Sales: $5.1B in 2024 (doubling since 2021)
Executive Summary
Matthews Real Estate Investment Services, Inc
License # 000110253 - 0, 000168807-0 (AL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Accommodation and Food Services
- -
- -
- -
Raising Cane's began in the mid-1990s as a chicken-finger restaurant concept built by Todd Graves, starting from a limited-menu idea centered on quality chicken finger meals. The company serves cooked-to-order chicken fingers with Cane's Sauce, crinkle-cut fries, Texas toast, coleslaw, freshly squeezed lemonade, and iced tea, and the business also extends into catering, gift cards and gear, and community partnerships. Raising Cane's has grown into a U.S. restaurant chain with a broad footprint and a focus on food service, branded merchandise, and community support programs. The brand's story also includes a dog namesake and a simple restaurant identity built around a narrow menu and a consistent dining experience.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-9-31-0-001-052-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $637,080 |
Property Taxes
Presented by
Raising Cane's | 5301 US 280
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