3044 U.S Route 181 - Fast Food FOR SALE
Portland, TX 78374 |
3044 U.S Route 181
Portland, TX 78374
HIGHLIGHTS
- New 15-year absolute NNN corporate ground lease to high sales volume tenant
- 12% rental increases every five years
- No landlord management, ideal for an out-of-area investor
- Site features a dual-lane drive-thru for added customer convenience
- Raising Cane’s opened more than 100 locations in 2023, with plans to add 100 locations in 2024
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Raising Cane's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2918
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
48252
