Purchase Price | $5,275,000 |
---|---|
Annual Rental Income | $269,025 |
Cap Rate | 5.10% |
Lease Term | 19 Years |
City | Dallas-Fort Worth MSA |
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Raising Cane’s – Single‑Tenant Net Lease Investment
Dallas–Fort Worth MSA, TX | Fast‑Casual Drive‑Thru & Delivery | Absolute NNN Lease | Passive Income Opportunity
Overview
This offering features a freestanding Raising Cane’s restaurant in the Dallas–Fort Worth metropolitan area. The property is secured under a long-term absolute triple-net (NNN) lease, placing all site-related expenses—such as property taxes, insurance, maintenance, utilities, landscaping, and structural repairs—on the tenant. With scheduled rent escalations built into the lease, the investment provides inflation-protected returns while requiring no landlord involvement. It is ideal for investors targeting net lease investment properties, single-tenant NNN assets, fast-casual drive-thru investments, and 1031 exchange-ready portfolios.
Investment Highlights
Tenant Overview
Raising Cane’s is a fast-growing, chicken-finger-focused fast-casual brand known for its simple, quality-focused menu. The brand has built strong consumer loyalty and benefits from efficient operations. This location is owned by a seasoned franchisee with multiple units in the region. Although the lease is backed by the franchisee rather than the corporate entity, their ongoing reinvestment in site standards and customer experience supports sustained tenancy.
Lease Summary
This structure enables truly passive ownership, highlighting predictable income growth with minimal engagement.
Site Overview
Constructed to Raising Cane’s prototype specifications, this restaurant features dual drive-thru lanes, delivery staging, branded exterior finishes, monument signage, and ample parking. Located on a signalized corner along a principal retail and commuter corridor, the property boasts excellent visibility and easy access. Nearby co-tenants include grocery chains, quick-service brands, pharmacies, and service providers—creating consistent consumer traffic across all dayparts.
Market Overview – Dallas–Fort Worth MSA
The Dallas–Fort Worth metro area is a major economic and population powerhouse, anchored by broad-based sectors including tech, finance, logistics, energy, and healthcare. Consistent population growth and urban expansion fuel rising demand for convenient dining and drive-thru retail solutions. Retail corridors continue to densify, benefiting from high vehicular traffic and mixed-use developments that support repeat visits.
Demographics and Trade Area
The trade area supports a diverse population base including families, professionals, commuters, students, and service employees. Ongoing residential and commercial development ensures steady traffic across morning, lunch, evening, and weekend dayparts. High visibility and accessibility, coupled with retail co-tenancy, bolster repeat customer behavior and revenue stability.
Consumer Demand Drivers
Income Profile and Growth Potential
Built-in rent escalations provide structured income growth without landlord capital investment. Under the absolute NNN lease, all property costs are tenant-covered, resulting in clean net operating cash flow suitable for conservative underwriting. The franchisee’s reinvestment in signage, maintenance, and local marketing supports sustained leasing and enhances long-term value.
Ideal Buyer Profile
This asset is tailored for:
Market Positioning & Trends
Drive-thru fast-casual and delivery-ready restaurants remain highly sought-after in the net lease space due to consumer demand for convenience formats. Raising Cane’s strong brand reputation and efficiency model align well with investor trends. With limited availability of standalone pads in high-traffic submarkets, this opportunity enjoys scarcity value and investment longevity. The listing resonates with search criteria like net lease investment properties, single-tenant NNN retail, fast-casual NNN investments, Raising Cane’s NNN properties, and 1031 exchange opportunities.
Conclusion
This Raising Cane’s in the Dallas–Fort Worth MSA represents a high-quality net lease investment. Featuring a long-term absolute NNN lease, franchisee-backed tenancy, structured rent escalations, and prime location in a strong and growing market, the property delivers passive income, inflation resilience, and long-term portfolio value.
Please contact us for more information.