6027 FM 3009 - Fast Food FOR SALE


Schertz, TX 78154
$3,100,000 USD
858-822-9811
6027 FM 3009, Schertz, TX for Sale
$3,100,000 USD
Fast Food - FOR SALE
1/15
null | 4.6% Cap Rate

6027 FM 3009
Schertz, TX 78154


HIGHLIGHTS

  • Total Bonus Income of $17,500 for 2026 & 2027 not Included in Cap Rate Calculation
  • Tenant Exercised an Early Renewal Starting 2028 and Buyer will Receive Current $151,250 Annual until Renewal in 01/2028 when Rent Changes to $142,500
  • Absolute NNN Corporate Guaranteed Ground Lease
  • ±13 Year Operating History at this Site with New Early 15-Year Lease Extension Executed
  • Raising Cane’s Ranked #2 in AUVs (Average Unit Volume) with Over $6.6MM in the QSR Sector as of 2024
  • Ranked in the 94th Percentile in Texas and 95th Percentile in Local 15 Mile Radius for Visits within the “Dining” Category per Placer.ai

OVERVIEW

This Raising Cane’s property is an absolute NNN corporate guaranteed ground lease investment opportunity. The tenant has operated at this location for about 13 years and just signed an early 15-year lease extension, leaving +/- 17 years of term remaining. Strategically positioned at a hard corner signalized intersection with dominant visibility and ±191,300 combined traffic counts, the site benefits from immediate access to I-35N (152,612 VPD). The property is directly across from Walmart Supercenter that draws 2 million annual visits per Placer.ai and is adjacent to a major industrial hub with over 6.5 million square feet of space. Future growth is supported by nearby developments including the 43-acre Schertz Logistics Center (Est. Q3 2026 Completion), Extra Space Storage (Est. April 2026 Completion), and 72-acre Schertz Station multi-phase master planned mixed-use project. Raising Cane’s brand itself boasts a +25 year operating history with reported $5.1 billion in revenue in 2024 and ranks #2 in the QSR sector for Average Unit Volume (AUV) at over $6.6 million. This specific location has over 9,400 visits in foot traffic per week and ranks in the 94th percentile in Texas and 95th percentile in local 15 mile radius for visits within the “Dining” Category, per placer.ai. The subject property is within an affluent trade area with an average HHI over $143,000 within 1 mile radius. Watch Property Video: https://vimeo.com/1116320049

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$882 USD /SF

CAP RATE

4.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raising Cane's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

-

APN/PARCEL ID

1G3263-0002-00400-0-00

ASK ABOUT THIS PROPERTY

Ryan GomezCushman & WakefieldMore Info
858-822-9811

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Ryan GomezCushman & WakefieldMore Info
858-822-9811

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