Raising Cane’s Triple Net (NNN) Lease Properties For Sale

Raising Cane’s NNN Lease Properties for Sale are a top choice for 1031 Exchange investors who want to put their cash into a rapidly growing restaurant brand. Known for its focused menu and high-quality ingredients, Raising Cane’s offers a stable business model for investors seeking long-term, passive income. These properties are typically situated in high-traffic retail corridors and near major traffic drivers like regional malls and highly dense retail areas to ensure consistent customer flow.

Investment Highlights

  • Lease Terms: Most Raising Cane’s properties feature a 20-year Absolute NNN ground lease. This means the tenant is responsible for all property expenses; this includes taxes, insurance, and all maintenance of the roof, structure, and parking lot, leaving the landlord with no management responsibilities.
  • Rental Increases: These leases typically include 10% rent increases every five years, which provides a consistent hedge against inflation.
  • Cap Rates: Investors can generally expect Cap Rates between 4% to 5%, though actual returns increase over the life of the lease due to scheduled rent increases.
  • Real Estate Fundamentals: Raising Cane’s prioritizes premier real estate. Their stores are usually built as high-quality, brand-new prototypes featuring dual-lane drive-thrus; they are often located on hard corners with high daily vehicle counts.

Tenant Profile

  • Private Ownership: Raising Cane’s is a privately held company founded in 1996 in Baton Rouge, Louisiana.
  • Financial Strength: The brand has seen significant growth; in 2024, system-wide sales reached $5.1 billion, which was more than double its 2021 total.
  • Global Footprint: As of early 2025, Raising Cane’s operates approximately 850 locations across 43 states and international markets like Saudi Arabia.
  • Market Standing: Raising Cane’s recently became the third-largest chicken restaurant chain in the United States by sales, surpassing KFC. The company continues to expand aggressively with plans to open nearly 100 new restaurants in 2025.

Why Partner with Casablanca?

At CASABLANCA, we focus entirely on NNN Investment Properties and the 1031 Exchange process. We do not just show you listings; we act as your buyer representative to help you find the best Raising Cane’s properties that fit your specific investment goals. We understand the strict deadlines of a 1031 Exchange and work to identify, negotiate, and close the right deal for your portfolio, ensuring professional guidance from start to finish.

We Are the Brokers that Give You More

  • We represent our Buyers for Free, so you get our expert advice at no additional cost to you.
  • Up to $10,000 credit towards Buyer’s Closing Costs.
  • We specialize in representing Triple Net (NNN) Buyers and 1031 Exchange Investors. We represent your interests as a Buyer exclusively, not the Seller.
  • We have comprehensive knowledge of the triple net market.
  • Extensive access to any property on or off the market nationwide.
  • Our main goal is to find the best property for you at the best price.

Send Me More Information   Contact Us by Email Here   Call Us at 407-205-7570

Up to $10K Credit for Buyer’s Closing Costs

Disclaimer: The tenant financial data, company background information and investment highlights presented on this page have been obtained from sources deemed reliable at the time of publishing; however, this information is subject to change. References to credit ratings, financial strength, and market data reflect conditions at the time of publication and may change materially over time. The information on this page is for general educational purposes only and does not constitute investment, legal, or tax advice. You should not rely on any information presented in this page to make a decision to purchase, sell or decline a property. You must conduct your own independent due diligence and consult with your professional legal and tax advisors before making any investment decision. The pictures shown in this page are representative pictures, Not the actual property.