3044 U.S Route 181 | Portland, TX 78374
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3044 U.S Route 181
Portland, TX 78374
Raising Cane's · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN corporate ground lease to high sales volume tenant
- No landlord management, ideal for an out-of-area investor
- Raising Cane’s opened more than 100 locations in 2023, with plans to add 100 locations in 2024
- 12% rental increases every five years
- Site features a dual-lane drive-thru for added customer convenience
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,918 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.02 AC
Parking
36 Spaces (12.34 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 48252 | Improvements Assessment | $0 |
| Land Assessment | $75,152 | Total Assessment | $75,152 |
PROPERTY TAXES
Parcel Number
48252
Land Assessment
$75,152
Improvements Assessment
$0
Total Assessment
$75,152
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