Raising Cane's - NNN Net Lease Property for Sale

Altamonte Springs, FL

RetailQSR/FastFoodNNNet LeaseFee SimpleCorporate Guarantee

Price

$5,300,000

Cap Rate

5.1%

Building Size

20015 SF

Year Built

2007

Raising Cane's NNN net lease property for sale in Altamonte Springs, FL

About This Raising Cane's Net Lease Property

This Raising Cane's NNN (triple net lease) property is located in Altamonte Springs, FL and represents an excellent investment opportunity for commercial real estate investors. The property features20015 square feet of building space and was built in 2007.

With a cap rate of 5.1%, this Raising Cane's net lease property offers stable income potential. The asking price is $5,300,000, making it an attractive option for 1031 exchange investors seeking quality Raising Cane's commercial properties.

Why Invest in Raising Cane's NNN Properties?

  • Stable Income: Raising Cane's net lease properties provide predictable cash flow with minimal landlord responsibilities.
  • Strong Tenant: Raising Cane's is a nationally recognized brand with proven operational success.
  • 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
  • Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.

Altamonte Springs, FL Market Overview

Located in Altamonte Springs, FL, this Raising Cane's property benefits from strong local demographics and market fundamentals. The Altamonte Springs area offers excellent visibility and accessibility, making it an ideal location for Raising Cane's operations and a solid investment for net lease property buyers.

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