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$3,000,000
Est. payment /mo
0.72 Acres Lot
UPDATED:
11/24/2024 05:02 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24057821
HOA Y/N No
Year Built 2024
Lot Size 0.720 Acres
Property Description
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.
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.
Location
State CA
County Solano
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Total Parking Spaces 700
Building
Lot Description 2-5 Units/Acre, Sprinkler System
Story 1
Water Public
Others
Tax ID 0033240190
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Listed by Minh Tran • Minh Tran, Broker • 714-353-3870
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