Cheri Mascitelli - Commercial Real Estate Showcase

Cheri Mascitelli Property Listings
Ten-X, LLC
1 Mauchly
Irvine, CA 92618-2305
(305) 537-9318
(949) 457-3194

1000 NE Coronado Drive - Adams Dairy Landing - Raising Cane's

Blue Springs, MO 64014-2971 - East Jackson County Submarket

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:-
Building Size:3,500 SF Land Area:1 AC (43,560 SF)
For Sale Price:$3,950,000 Price/SF:$1,128.57
Cap Rate:6.07 %
Features:Drive Thru

Sale Notes:
Seller Guidance $3,950,000.
Diligence30 days .
Total Escrow 45 days.
Deposit $80K.

Investment Highlights:
Absolute Net Leased Asset with Zero Landlord Responsibilities 15 year Corporate NNN lease Corporate Guarantee and Corporate Operated Store Rent increases every 5 years Anchored by national retailers Located in the Adams Dairy Landing, a 65-acre power center development

Investment Overview:
Raising Canes is located in the Adams Dairy Landing a 65-acre, 552,000 square foot power center development anchored by national retailers and including specialty shops and restaurants.

The center is strategically located along I-70 at Adams Dairy Parkway, adjacent to Walmart and Home Depot. Adams Dairy Landing serves the rapidly growing trade area of Eastern Kansas City as well as rural areas further east. This is the closest major retail center for thousands of homes in Jackson County.

The developments design theme is an Italian/Mediterranean style architecture with large areas for public gatherings. The overall retail development includes a pedestrian friendly walkable design that will allow for community events and activities..

About Raising Cane’s:
Raising Cane’s Chicken Fingers is a fast-food restaurant chain founded in 1996 in Baton Rouge, Louisiana. The company, privately held by its founders, is still headquartered in Baton Rouge and has more than 300th locations in 20 states with multiple new restaurants under construction. Raising Cane’s plans to have 600 restaurants opened by the end of 2020 producing $1.5 billion in annual sales.

The company has one love—quality chicken finger meals—and is continually recognized for its unique business model and customer satisfaction. Raising Cane’s vision is to have restaurants all over the world and be the brand for quality chicken finger meals, a great crew, cool culture, and active community involvement.

Principal Property Advisors, LLC
Kyle Henning
(913) 608-5120

Ten-X, LLC
Cheri Mascitelli
(305) 537-9318

Ten-X Commercial
(800) 793-6107

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