844-585-7674
401-419 NW Burnside Rd, Gresham, OR for Sale
Freestanding - FOR SALE
1/4
null | Request Cap Rate

401-419 NW Burnside Rd
Gresham, OR 97030
Gresham-North Central


HIGHLIGHTS

  • Raising Cane’s Chicken Fingers – Absolute NNN Ground Lease
  • New 15-year corporate-guaranteed lease with 10% rental increases every 5 years
  • Oversized 1.8 acre parcel; double-drive thru location
  • Only drive-thru format Raising Cane’s in Oregon; 2nd overall location in the state
  • Raising Cane’s posted $5.1 billion in systemwide sales in 2024, up 33% year-over-year, with same-store sales increasing 15%
  • #2 average unit volume in fast food: average unit-level sales of 6.6 million are more than double the QSR peer average

OVERVIEW

Absolute NNN Ground Lease with a Double Drive-Thru | Brand-New 15-Year Corporate-Guaranteed Lease | Rental Increases Every 5 Years | Only Drive-Thru Location in Oregon | Oversized 1.8-Acre Parcel | Portland MSA; 235,000 Residents, $100,000 AHHI within 5 Miles

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raising Cane’s | Gresham, OR

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

CROSS STREETS

NW Eastman Pky

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

GC

APN/PARCEL ID

R337585

ASK ABOUT THIS PROPERTY

Kevin FrymanHanley Investment GroupMore Info
844-585-7674

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Kevin FrymanHanley Investment GroupMore Info
844-585-7674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.