• Broker Minh Tran 7143533870
Western Smart Realty

Drive Through Raising Canes Restaurant 1360 Travis Blvd 3,331 SF 4-Star Retail Building Fairfield, CA 94533 $2,900,000 ($870.61/SF) 4.66% Cap Rate

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EXECUTIVE SUMMARY

Brand New Built Drive Through Raising Cane's restaurant, 2024, for sale the fee simple ground lease interest.
Located at Solano Town Center, Fairfield, California
Corporate Guarantee from one of the top QSR chains
Raising Cane's chicken empire has 749 + locations and ranked among the best and most profitable quick service restaurants
This raising Cane's is equipped with the company's latest prototype design with it's new dual lane drive-thru, offering convenient and faster service
Long term net lease structure with zero landlord responsibility, 15 year prime lease, 3 five year options, and 1 four year renewal option
The lease offers 10% rental escalations every five years

ATTACHMENTS

Corporate Raising Cane’s Restaurant OM

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,331 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,900,000
Price Per SF
$870.61
Cap Rate
4.66%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.72 AC
Zoning
Restaurant - Restaurant

AMENITIES

  • Restaurant
  • Security System
  • Drive Thru
  • Accent Lighting
  • Recessed Lighting
  • Air Conditioning

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Travis Blvd Linear PkPathway, E 27,617 2022 0.09 mi
Travis Blvd 2nd St, W 28,867 2022 0.12 mi
Pennsylvania Ave Linear PkPathway, S 16,460 2022 0.17 mi
Pennsylvania Avenue Linear Park Pathway, S 16,461 2020 0.18 mi
Gateway Blvd The Ctyard, NW 19,964 2022 0.22 mi
Travis Blvd Webster St, E 21,793 2022 0.25 mi
Travis Boulevard Travis Blvd, E 30,296 2020 0.25 mi
Pennsylvania Ave B Gale Wilson Blvd, S 14,573 2022 0.27 mi
Webster Street Travis Blvd, N 4,669 2020 0.30 mi
B Gale Wilson Blvd Pennsylvania Ave, W 5,387 2022 0.30 mi
Walk Score®
Very Walkable (80)

NEARBY MAJOR RETAILERS

U.S. Bank
Starbucks
Mel's Diner
Chevys Fresh Mex
Marie Callender's Restaurant & Bakery
Red Lobster
Dutch Bros
Applebee's
Trader Joe's
The Habit Burger Grill

PROPERTY TAXES

Parcel Number 0033-240-030 Improvements Assessment $29,359,616
Land Assessment $0 Total Assessment $29,359,616

MAP

ADDITIONAL PHOTOS

View Photo Building Front
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View Photo Building NE View
View Photo Building Entrance

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