Raising Cane's | New 15yr Corp Abs NNN Ground | 323 William S Canning Blvd
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Raising Cane's | New 15yr Corp Abs NNN Ground 323 William S Canning Blvd
3,287 SF Retail Building Fall River, MA 02721 $7,346,005 CAD ($2,235 CAD/SF) 4.40% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Scheduled Rental Increases | Corporate Signed | Renowned QSR Chicken Brand
- Signalized, Four Way Intersection | Surrounding Big Box Retailers | Across From SouthCoast Marketplace | Drive-Thru Equipped
- Absolute NNN Ground Lease | Leased Fee Ownership |
- Strong Demographics 5-Mile Trade Area
Executive Summary
Ground Lease, 15-year Absolute NNN lease with 5 (5-year) options to extend and 10% rental increases every 5 years. Lease to commence 7/2025.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
3,287 SF
Year Built
2025
Construction Status
Under Construction
Price
$7,346,005 CAD
Price Per SF
$2,235 CAD
Cap Rate
4.40%
NOI
$323,201 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.10 AC
Zoning
Commercial
Parking
29 Spaces (8.82 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Raising Cane's
- Accommodation and Food Services
- 99,999 SF
- -
- Lorem Ipsum
- Jan 0000
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Raising Cane's | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
1 of 7
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Raising Cane's | New 15yr Corp Abs NNN Ground | 323 William S Canning Blvd
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