Raising Cane’s

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

Overview
This opportunity showcases a freestanding Raising Cane’s restaurant in the Charleston metropolitan area of South Carolina. The asset is structured under a long-term absolute triple-net (NNN) lease, entrusting the tenant with full financial responsibility for site-level expenses—property taxes, insurance, utilities, maintenance, landscaping, and structural upkeep. Scheduled rent escalations are built into the lease to support income growth in line with inflation. With zero landlord obligations, the property offers truly passive income and caters to investors focused on net lease investment properties, single-tenant NNN retail, fast-casual drive-thru assets, and 1031 exchange-ready acquisitions.

Investment Highlights

• Absolute NNN lease structure relieving the landlord of all costs
• Prototype building optimized for both drive-thru and off-premises delivery
• Operated by a skilled multi-unit franchisee with a track record of local success
• Long-term lease with structured rent escalations and renewal options
• Prime signalized corner location in a major Charleston retail and commuter corridor

Tenant Overview
Raising Cane’s is a fast-growing, fast-casual concept known for its chicken-finger–focused menu and commitment to quality and service. This location is backed by a financially sound regional franchisee operating multiple units across the Southeast. Although the lease is franchisee-backed (not corporate-guaranteed), the tenant’s consistent investment in site maintenance, branding, and local marketing reduces vacancy risk and enhances operational stability.

Lease Summary

• Lease Type: Absolute NNN
• Lease Term: Long-term initial term with significant remaining years
• Rent Escalations: Predefined increases at structured intervals
• Renewal Options: Included to facilitate long-term hold potential
• Landlord Responsibilities: None

This lease structure delivers frictionless cash flow, predictable upgrades in rent, and minimal oversight requirements for ownership.

Site Overview
Built to Raising Cane’s prototype standards, this property features dual drive-thru lanes, designated delivery staging, branded exterior finishes, monument signage, and adequate parking. Situated on a signalized corner along one of Charleston’s busiest retail corridors, the location benefits from high visibility, easy vehicular ingress/egress, and strong daily traffic. Surrounding co-tenants include national grocers, pharmacies, quick-service brands, and service establishments, supporting sustained consumer demand across all dayparts.

Market Overview – Charleston MSA
Charleston is one of the fastest-growing metros in the Southeast, powered by robust jobs in tech, manufacturing, healthcare, tourism, and higher education. Population growth and expanding commercial development are fueling demand for convenient dining solutions. Retail corridors in Charleston feature a mix of mixed-use developments, grocery-anchored shopping centers, medical campuses, and lifestyle districts—making this Raising Cane’s location well-positioned to capture traffic from multiple customer segments.

Demographics and Trade Area
The trade area consists of a mixture of families, professionals, commuters, students, and retirees. Ongoing residential construction, business park expansion, and institutional growth support consistent footfall from breakfast through dinner and weekend delivery. Retail synergy with grocery, pharmacy, and service anchors enhances cross-shopping and repeat visitation—delivering sustained traffic flow year-round.

Consumer Demand Drivers

• Strong drive-thru and delivery demand among commuters and busy families
• Brand loyalty driven by menu quality, marketing, and a simple customer experience
• High visibility and access attract both local residents and through-traffic
• Retail nearby contributes to multi-stop shopping trips
• Demand across multiple dayparts—breakfast, lunch, dinner, and off-hours

Income Profile and Growth Potential
Rent escalations in the lease schedule provide reliable income growth without requiring capital outlays from the landlord. The absolute NNN structure ensures tenant responsibility for all day-to-day operational costs, producing clean cash flow and straightforward underwriting. Ongoing franchisee investments in signage, maintenance, and store upgrades help preserve tenant performance and enhance exit value.

Ideal Buyer Profile
This asset is ideally suited for:

• 1031 exchange investors seeking replacement passive-income properties
• Institutional buyers building fast-casual, drive-thru portfolios
• Family offices and private capital focused on low-maintenance retail assets
• REITs targeting stabilized NNN quick-service real estate
• Conservative investors seeking inflation-proof, hands-off income

Market Positioning & Trends
Fast-casual, drive-thru restaurant assets—particularly those with delivery capabilities—are among the most highly demanded property types in the net lease space, driven by consumer preference for convenience. Raising Cane’s growing national footprint, strong brand loyalty, and operational consistency align well with investor criteria. The scarcity of freestanding pad sites along Charleston’s major corridors, combined with high visibility and accessibility, supports market value, liquidity, and upside potential. This listing aligns with key investor searches such as net lease investment properties, single-tenant NNN retail, fast-casual NNN lease investments, Raising Cane’s NNN assets, and 1031 exchange-ready opportunities.

Conclusion
This Raising Cane’s in the Charleston MSA offers investors a compelling net lease opportunity. Featuring a long-term absolute NNN lease structure, franchisee-backed tenancy, built-in rent escalations, and a prime retail/interstate location in a fast-growing market, it delivers passive income and long-term value. With fully tenant-paid expenses, inflation-aligned returns, and high consumer demand, the property is an ideal fit for portfolios aiming for high-quality, hands-off, single-tenant real estate.

Please contact us for more information.