STNL RAISING CANE'S ABSOLUTE NNN 15YR LEASE 106 E Lake Mead Pky

Hiltz Commercial Group and RDS Associates are pleased to present an investment opportunity in a leasehold interest for a corporate-guaranteed, Absolute NNN property located in Henderson, Nevada (Las Vegas MSA). The property features a new 15-year lease with Five (5-year) extension options, showcasing the tenant's dedication to the site. The lease has 10% rental increases every 5 years throughout the initial term and at the start of each option period, providing investors with a stable, long-term investment opportunity in a highly desirable location.
The lease is corporate guaranteed by Raising Cane's Restaurants, L.L.C, which is headquartered in Baton Rouge, LA, and has over 620 locations in the United States and internationally. Raising Canes is known for its quality chicken fingers, crinkle-cut fries, and signature dipping sauce. The leased property in Henderson is part of the company's expansion plans and is set to open in Q2 of 2025. This Absolute NNN lease offers a management-free investment opportunity for passive investors with zero landlord responsibilities, leased by a reputable tenant with a strong track record of success.