Raising Cane's - NNN Net Lease Property for Sale
Fort Wayne, IN
Price
$3,186,000
Cap Rate
7.0%
Building Size
5586 SF
Year Built
N/A
About This Raising Cane's Net Lease Property
This Raising Cane's NNN (triple net lease) property is located in Fort Wayne, IN and represents an excellent investment opportunity for commercial real estate investors. The property features5586 square feet of building space.
With a cap rate of 7.0%, this Raising Cane's net lease property offers stable income potential. The asking price is $3,186,000, 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.
Fort Wayne, IN Market Overview
Located in Fort Wayne, IN, this Raising Cane's property benefits from strong local demographics and market fundamentals. The Fort Wayne 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.