Raising Cane's | 22yr Remaining Abs NNN 1750 W Olive Ave

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a freestanding, absolute NNN, drive-thru equipped, Raising Cane’s investment property located in Burbank, CA (Los Angeles County). The tenant, Raising Cane’s Restaurants, LLC, has approximately 22 years remaining on its 25-year ground lease with 1 (5-year), 1 (4-year), and 5 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The property opened for business in June 2022 and features Raising Cane’s latest prototype. The asset is subject to one of the longest initial term QSR offerings to ever become available in Southern California.