Raising Cane’s

Raising Cane’s – Single‑Tenant Net Lease Investment
Tampa MSA, FL | Fast‑Casual Drive‑Thru & Delivery | Absolute NNN Lease | Passive Income Opportunity

Overview
This opportunity presents a freestanding Raising Cane’s restaurant located within the Tampa metropolitan statistical area. The property is secured under a long-term absolute triple-net (NNN) lease, transferring all site-level responsibilities—such as property taxes, insurance, building maintenance, utilities, landscaping, and structural repairs—to the tenant. Scheduled rent escalations provide income growth tied to inflation, and with zero landlord involvement, the asset offers genuinely passive income. It aligns with acquisition strategies centered on net lease investment properties, single-tenant NNN holdings, fast-casual drive-thru investments, and 1031 exchange-ready portfolios.

Investment Highlights

• Absolute NNN lease structure ensuring all property obligations are tenant-managed
• Prototype footprint optimized for drive-thru and delivery demand
• Operated by an experienced local franchisee with strong multi-unit execution
• Long-term lease featuring structured rent escalations and renewal options
• Prominent signalized hard-corner location in a primary retail and commuter corridor

Tenant Overview
Raising Cane’s is a well-established fast-casual brand, renowned for its chicken-finger focused menu, simple operating model, and loyal customer base. The franchisee operating this location is a well-capitalized multi-unit owner with a strong presence in the Tampa market. While the lease is backed by the operator rather than the corporate entity, ongoing investment in quality, marketing, and site standards supports reliable tenancy and brand alignment.

Lease Summary

• Lease Type: Absolute NNN
• Term: Long initial base term with several years remaining
• Rent Escalations: Predefined increases at structured intervals
• Renewal Options: Included to provide long-term income visibility
• Landlord Obligations: None

This lease structure delivers hands-off ownership, predictable earnings, and rent growth without operational burdens.

Site Overview
Constructed to Raising Cane’s brand standards, the building offers drive-thru lanes, delivery staging, branded exterior finishes, monument signage, and customer parking. Positioned prominently at a signalized intersection within the Tampa MSA, the site benefits from high visibility, strong traffic counts, and convenient ingress/egress. Nearby co-tenants include grocery chains, quick-service dining options, pharmacies, medical centers, and service providers—creating overlap in daypart demand and steady consumer activity.

Market Overview – Tampa MSA
As a major Florida metro, Tampa includes diverse economic drivers such as tourism, healthcare, finance, logistics, and technology. The region continues to experience population growth, residential development, and expanding employment hubs. Major retail corridors and mixed-use centers support increasing demand for convenience-driven dining, particularly drive-thru and delivery-friendly fast-casual formats.

Demographics and Trade Area
The surrounding trade area is composed of a broad demographic mix—families, professionals, retirees, students, and service-sector workers. Ongoing development across residential neighborhoods, universities, and business parks supports a consistent flow of traffic across all dayparts: morning, lunch, evening, and weekends. Retail anchors and employment nodes nearby help sustain repeat visits and strong location performance.

Consumer Demand Drivers

• Commute and convenience-oriented customers seeking quick service
• Strong brand identity and simplified menu driving frequency
• Corner visibility and signals enhance catchment capability
• Co-location with grocery and service providers amplifies synergy traffic
• Multi-daypart relevance aligns with consumer meal patterns

Income Profile and Growth Potential
The lease’s built-in rent escalations ensure contractual income growth without landlord investment. Under the absolute NNN structure, tenant-borne expenses result in clean net operating income that supports conservative underwriting. Franchisee reinvestment in site upkeep and marketing bolsters longevity and enhances resale prospects.

Ideal Buyer Profile
This asset is well-suited for:

• 1031 exchange investors seeking passive-income replacement properties
• Fast-casual portfolio builders focusing on drive-thru concepts
• Family offices and private capital sourcing low-maintenance investment assets
• Institutional buyers or REITs looking for stabilized NNN income streams
• Conservative investors prioritizing inflation-protected, passive cash flow

Market Positioning & Trends
Drive-thru fast-casual investments with delivery capabilities remain among the strongest-performing asset types in the net lease marketplace. Raising Cane’s brand strength and operational simplicity meet consumer and investor demand. Scarcity of well-positioned standalone pads in high-traffic Tampa corridors drives attractive valuation and liquidity. The listing aligns with key investment searches including net lease investment properties, single-tenant NNN retail, fast-casual NNN lease investments, Raising Cane’s NNN properties, and 1031 exchange–ready acquisitions.

Conclusion
This Raising Cane’s in the Tampa MSA offers a compelling blend of long-term absolute NNN lease structure, franchisee-backed tenancy, structured rent escalations, and premier placement in a high-growth Southeast market. With fully outsourced expenses, inflation-protected income, and strong consumer appeal, the asset delivers passive income and long-term value—making it well-suited for strategic addition to any diversified, income-driven investment portfolio.

Please contact us for more information.