9252 N Newport Hwy | Spokane, WA 99218
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9252 N Newport Hwy
Spokane, WA 99218
Raising Cane's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2025 construction, operating on a 20-year absolute net corporate ground lease.
- Located directly on the corner of Hoerner St & U.S. 2, a primary retail corridor that sees over 37,000 vehicles per day.
- The Property offers a dual-lane drive-thru with over 11 parking spaces per 1,000 SF of building space
- 10% rental increases every five years, including four, five-year option periods
- There are currently over 900 Raising Cane’s locations in the U.S., with this being the only location currently listed for sale in the PNW-April 2025
- Raising Cane’s has the second highest AUV of any QSR brand in the US ($6M+)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,862 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.70 AC
Zoning
GC - General Commercial
Frontage
156’ on N Newport Hwy
PROPERTY TAXES
| Parcel Number | 36202.0034 | Improvements Assessment | $0 |
| Land Assessment | $544,640 | Total Assessment | $544,640 |
PROPERTY TAXES
Parcel Number
36202.0034
Land Assessment
$544,640
Improvements Assessment
$0
Total Assessment
$544,640
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