The Offering presents the rare opportunity to acquire a brand new Raising Cane’s on a 20-year ground lease with a corporate guaranty. The lease includes 10% rent escalations every five years, continuing into each of the four, five-year option periods. With over 900 locations nationwide, this is currently the only Raising Cane’s listed for sale in the Pacific Northwest as of April 2025. Located at the corner of Hoerner Street and U.S. 2, the Property benefits from exceptional visibility and access along one of the region’s primary commercial corridors, which sees over 37,000 vehicles per day. The site is a pad to a Home Depot that draws over 1 million visitors annually (Placer.ai). Other nearby tenants include a high-performing Walmart—ranked in the top 1% nationally for annual visits (3.7 million, Placer.ai)—and a 2020 construction Chick-Fil-A directly across the street. The Property is immediately south of Northpointe Plaza, a 350k+ SF Safeway-anchored center, positioning the asset within a dominant retail trade area. Raising Cane’s has committed to a modern, high-throughput design featuring a dual-lane drive-thru with an above-average parking ratio of 11 spaces per 1,000 square feet. Average store volume nationwide in 2024 was over $6 million, the second highest of any QSR brand in the US.